The Hain Celestial Group, Inc. (NASDAQ:HAIN) is scheduled to release second-quarter fiscal 2020 results on Feb 6. This organic and natural products company delivered a positive earnings surprise of 14.3% in the preceding quarter. Investors are counting on another beat by Hain Celestial in the to-be-reported quarter.
The Zacks Consensus Estimate for earnings is pegged at 15 cents, suggesting growth of about 7% from the year-ago quarter’s tally. Moreover, the consensus estimate for revenues is pinned at $499.3 million, which indicates a decline of 14.5% from the year-ago quarter’s reported figure.
The Hain Celestial Group, Inc. Price and EPS Surprise
What the Zacks Model Unveils
Our proven model predicts an earnings beat for Hain Celestial this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Hain Celestial carries a Zacks Rank #2 and an Earnings ESP of +5.26%.
More Stocks With a Favorable Combination
Here are a few more companies that you may want to consider, as our model shows that these too have the right combination of elements to post an earnings beat:
Darling Ingredients (NYSE:DAR) currently has an Earnings ESP of +35.29% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Post Holdings (NYSE:POST) currently has an Earnings ESP of +5.47% and a Zacks Rank #1.
Campbell Soup (NYSE:CPB) presently has an Earnings ESP of +3.34% and a Zacks Rank #2.
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Campbell Soup Company (CPB): Free Stock Analysis Report
Post Holdings, Inc. (POST): Free Stock Analysis Report
The Hain Celestial Group, Inc. (HAIN): Free Stock Analysis Report
Darling Ingredients Inc. (DAR): Free Stock Analysis Report
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