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Benzinga Insights

Hydrofarm Holdings Group: Q1 Earnings Insights

Hydrofarm Holdings Group (NASDAQ:HYFM) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Hydrofarm Holdings Group missed estimated earnings by 240.0%, reporting an EPS of $-0.17 versus an estimate of $-0.05.

Revenue was down $12.00 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 8.64% drop in the share price the next day.

Here's a look at Hydrofarm Holdings Group's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.03 0.26 0.19 0.09
EPS Actual -0.05 0.17 0.30 0.19
Revenue Estimate 108.33M 126.91M 131.94M 106.09M
Revenue Actual 110.41M 123.82M 133.80M 111.39M

To track all earnings releases for Hydrofarm Holdings Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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