uploads///Hain Celestials Adjusted EPS versus Estimates

Will Hain Celestial Continue Its Earnings Growth in Fiscal 4Q16?

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Aug. 15 2016, Updated 9:05 a.m. ET

Positive earnings growth

Analysts expect Hain Celestial Group’s (HAIN) adjusted EPS (earnings per share) for fiscal 4Q16 to be $0.60, compared to $0.55 in fiscal 4Q15. This represents a rise of 9%. Hain Celestial is expected to continue its positive earnings growth. In the chart below, you can see that the company has either met or surpassed estimates for the past 12 quarters. The company’s earnings are expected to show positive growth of 8% for fiscal 2016.

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HAIN’s expectations for earnings

With respect to 2H16, the company had mentioned earlier that it expects to see 42%–46% of its 2H16 earnings in the third quarter and the remainder in the fourth quarter. Adjusted EPS are estimated to be $0.57–$0.61 for the fourth quarter. This is a rise of 4%–11%, compared to fiscal 4Q15. For the full year, the company expects EPS to be in the range of $2.00–$2.04, an increase of ~6%–9% compared to fiscal 2015. These estimates exclude the impact of any future acquisitions.

Peers’ earnings

Hain Celestial’s peers in the food industry include Pinnacle Foods (PF), Kraft Heinz Company (KHC), and The J.M. Smucker Company (SJM). The following are EPS estimates for these stocks:

  • Pinnacle Foods’ EPS for fiscal 3Q16 are expected to rise by 14%.
  • Kraft Heinz’s EPS for fiscal 3Q16 are expected to rise by 70%.
  • J.M. Smucker’s EPS for fiscal 1Q17 are projected to increase by 31%.

The iShares Morningstar Mid-Cap Growth ETF (JKH) invests in Hain Celestial.

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