Natural food company Hain Celestial (NASDAQ:HAIN) will be reporting results tomorrow before market open. Here’s what you need to know.

Hain Celestial missed analysts’ revenue expectations by 5.4% last quarter, reporting revenues of $438.4 million, down 3.7% year on year. It was a weaker quarter for the company, with a miss of analysts’ organic revenue growth estimates.

Is Hain Celestial a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Hain Celestial’s revenue to decline 6.4% year on year to $419.4 million, a further deceleration from the 2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.08 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at Hain Celestial’s peers in the shelf-stable food segment, some have already reported their Q2 results, giving us a hint as to what we can expect. BellRing Brands delivered year-on-year revenue growth of 15.6%, beating analysts’ expectations by 2%, and SunOpta reported revenues up 21.1%, topping estimates by 6.9%. BellRing Brands traded up 6.7% following the results while SunOpta was also up 13%.

Read our full analysis of BellRing Brands’s results here and SunOpta’s results here.

There has been positive sentiment among investors in the shelf-stable food segment, with share prices up 2.5% on average over the last month. Hain Celestial is down 12.8% during the same time and is heading into earnings with an average analyst price target of $9.3 (compared to the current share price of $6.47).

Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.