The Honest Company (HNST) Stock Is Trending After Hours on 100% EPS Beat The Honest Company Shares Jump 1

The Honest Company Inc. (NASDAQ:HNST) shares are trending on Thursday.

Shares of the California-based digital-first consumer goods company surged 10.13% to $4.24 in after-hours trading on Wednesday following stronger-than-expected second-quarter results, where earnings per share of $0.04 topped the analyst expectation of $0.02 by 100%.

The Honest Company announced results for the quarter ended Jun. 30.

Shares Surge as Margins Expand and Profitability Improves

Revenue for the company came in at $83.30 million, beating the estimated $77.76 million by 7.12%. The revenue represents a 10.9% fall over the year.