Honest (HNST) Stock

OTTAWA, Ontario, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Honest Talk is thrilled to announce a significant milestone in its journey to create Canada's largest community for women. Air Canada has joined as a platinum partner, marking a momentous step forward in The Honest Talk's mission to tell the stories and share the experiences of women across the country.

HNST's strong performance in Q3 is driven by outstanding growth within its baby products and wipes segments, prompting management to lift the full-year view.

Honest (HNST) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.09 per share a year ago.

Honest (HNST) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Consumer discretionary inflation seems to be beginning to cool as, according to the July Consumer Price Index report, categories like apparel saw a 0.4% decrease month-over-month, while personal care only saw a 0.2% increase month-over-month. The Honest Company CEO Carla Vernón (HNST) joins Wealth!

Honest (HNST) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.14 per share a year ago.

The Honest Company, Inc. is soon reporting its Q2 results, likely showing moderate, expected growth. Recent margin improvements could drive an EPS beat, as great gross margin expansion isn't factored into the Wall Street consensus with The Honest Company's conservative guidance range. The Honest Company stock's valuation remains fairly balanced ahead of earnings.

Reynolds, Central Garden & Pet, The Honest and Lifetime Brands have been highlighted in this Industry Outlook article.

After losing some value lately, a hammer chart pattern has been formed for Honest (HNST), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.