The Honest Company reported quarterly results that beat analyst expectations on earnings per share by two cents, with revenue also exceeding estimates.
The Honest Company reported quarterly results that beat analyst expectations on earnings per share by two cents, with revenue also exceeding estimates.
Two cents. That’s the headline. Beating estimates by two cents is the kind of margin you get from rounding, a lowered bar, or a tax line that moved. Nobody’s cheering that in a boardroom, but somebody is paid to make it sound like a triumph. Where’s the gross margin trend, the cash burn, the customer retention numbers? Revenue topping forecasts means nothing if the analysts were lowballing from the start.