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HWKNBearishEarningsnews
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Hawkins (HWKN) Earnings Lag Estimates in Q4, Revenues Beat

May 16, 2024, 9:27 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- HWKN reported earnings of 66 cents per share, missing the Zacks Estimate. - Revenues were $223 million, beating the Zacks Estimate but down 2% YoY. - Industrial segment sales declined 18%, while Water Treatment segment sales increased 21%. - HWKN expects continued growth in fiscal 2025 with top line approaching $1 billion. - Shares of HWKN gained 77.9% in a year compared to the industry's decline of 10%. Price Impact Rating: Bearish Impact Horizon Rating: Long-term Type: Earnings

  • HWKN reported earnings of 66 cents per share, missing the Zacks Estimate.
  • Revenues were $223 million, beating the Zacks Estimate but down 2% YoY.
  • Industrial segment sales declined 18%, while Water Treatment segment sales increased 21%.
  • HWKN expects continued growth in fiscal 2025 with top line approaching $1 billion.
  • Shares of HWKN gained 77.9% in a year compared to the industry's decline of 10%.

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