LOS ANGELES (AP) \u2014 LOS ANGELES (AP) \u2014 Honest Co. (HNST) on Wednesday reported a loss of $23.6 million in its fourth quarter.<\/p>\n
On a per-share basis, the Los Angeles-based company said it had a loss of 21 cents. Earnings, adjusted for restructuring costs, came to less than 1 cent on a per-share basis.<\/p>\n
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.<\/p>\n
The consumer products company posted revenue of $88 million in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $89.3 million.<\/p>\n
For the year, the company reported a loss of $15.7 million, or 14 cents per share. Revenue was reported as $371.3 million.<\/p>\n
Honest expects full-year revenue in the range of $306 million to $312 million.<\/p>\n
For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.<\/p>\n","protected":false},"excerpt":{"rendered":"LOS ANGELES (AP) \u2014 LOS ANGELES (AP) \u2014 Honest Co. (HNST) on Wednesday reported a loss of $23.6…\n","protected":false},"author":2,"featured_media":192546,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[387,90920,48,52,51,47,50,49],"class_list":["post-194627","post","type-post","status-publish","format-standard","has-post-thumbnail","category-los-angeles","tag-business","tag-earns-honest","tag-la","tag-la-headlines","tag-la-news","tag-los-angeles","tag-los-angeles-headlines","tag-los-angeles-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/194627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=194627"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/194627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/192546"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=194627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=194627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=194627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}