Hawkins: Overview of Fiscal Third Quarter Results
Hawkins Inc. Announces Third-Quarter Financial Results
Hawkins Inc., headquartered in Roseville, Minnesota, has released its financial results for the third quarter of the fiscal year, reporting a net profit of $14.3 million.
The company's earnings translated to $0.69 per share, while adjusted earnings, which exclude one-time expenses, came in at $0.72 per share.
These figures fell short of analyst projections. According to a survey by Zacks Investment Research, the consensus estimate among four analysts was $0.75 per share.
During the quarter, Hawkins Inc. generated $244.1 million in revenue, which also did not meet expectations. Three analysts polled by Zacks had anticipated revenue of $253.5 million.
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