HOBOKEN, N.J. (AP) — HOBOKEN, N.J. (AP) — The Hain Celestial Group Inc. (HAIN) on Friday reported a loss of $20.6 million in its fiscal first quarter.
The Hoboken, New Jersey-based company said it had a loss of 23 cents per share. Losses, adjusted for non-recurring costs, were 8 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The organic and natural products company posted revenue of $367.9 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $361.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HAIN at https://www.zacks.com/ap/HAIN
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