HOBOKEN, N.J. (AP) — HOBOKEN, N.J. (AP) — The Hain Celestial Group Inc. (HAIN) on Tuesday reported a loss of $2.9 million in its fiscal fourth quarter.
The Hoboken, New Jersey-based company said it had a loss of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 13 cents per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The organic and natural products company posted revenue of $418.8 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $418.2 million.
For the year, the company reported a loss of $75 million, or 84 cents per share. Revenue was reported as $1.74 billion.
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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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