The Hain Celestial Group, Inc. Announces 7% Increase In Q2 Profit

(RTTNews) - The Hain Celestial Group, Inc. (HAIN) revealed a profit for its second quarter that climbed from last year.

The company said its bottom line advanced to $59.17 million, or $0.57 per share. This was higher than $55.52 million, or $0.54 per share, in last year's second quarter.

Analysts had expected the company to earn $0.54 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.3% to $752.59 million. This was up from $701.71 million last year.

The Hain Celestial Group, Inc. earnings at a glance:

-Earnings (Q2): $59.17 Mln. vs. $55.52 Mln. last year. -Earnings Growth (Y-o-Y): 6.6% -EPS (Q2): $0.57 vs. $0.54 last year. -EPS Growth (Y-o-Y): 5.6% -Analysts Estimate: $0.54 -Revenue (Q2): $752.59 Mln vs. $701.71 Mln last year. -Revenue Change (Y-o-Y): 7.3%

-Guidance: Full year EPS guidance: $1.95 - $2.10 Full year revenue guidance: $2.90 - $3.04 Bln