Honest Company Inc beats key metrics and approves $30 million share repurchase
HNST Honest Company Inc
$5.20 +0.58%
View chart & analysis → - 1Honest Company Inc reported adjusted earnings per share of $0.03, achieving a 200.0% surprise compared to consensus.
- 2Honest Company Inc reported revenue of $84.61 million, representing an 8.6% decrease year-over-year.
- 3The board approved a new share repurchase program of $30 million.
So what's the key point?
Honest Company Inc earned much more profit than experts expected. The company decided to buy back $30 million worth of its own shares.
Source Earnings Whispers · View original ↗
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