MELVILLE, N.Y.—Hain Celestial Group Inc., which makes natural and organic food and personal care products, on Monday narrowed its guidance for 2008 profits.
The company said it will earn between $1.38 and $1.40 per share for the year. The company said the guidance does not include charges for stock compensation expenses or any special items. Previously, the company said it would earn between $1.38 and $1.42 per share for the year.
Analysts polled by Thomson Financial predict earnings of $1.31 to $1.42 per share, with a mean of $1.39 per share.
The company also said it expects revenue between $1.04 billion and $1.05 billion. Analysts anticipate revenue of $1.04 billion.
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