Hawkins stock climbs as Q2 profit and revenue top analyst estimates
Water treatment firm Hawkins reported second-quarter profit and revenue above analyst expectations, with shares jumping in after-hours trading, Dow Jones reports.
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what happened
According to Dow Jones Newswires, Hawkins shares gained 11% to $150 in after-hours trading on Monday. The stock had closed the regular session up 2.4% and remains down 4.7% so far this year.
In the second quarter the water treatment company earned $27.8 million, or $1.34 per share, up from $22.6 million, or $1.08 a share, a year earlier. Analysts polled by FactSet had forecast $1.19 per share.
Revenue rose 12% to $313.8 million from $280.4 million, against a $302.7 million analyst estimate. Hawkins attributed the sales gain to 11% organic growth and roughly $3.7 million from acquired businesses.
why it matters
The report suggests demand for the company's products and its organic growth held up, a useful signal for a small-cap name in the niche water treatment market. Still, the shares are negative for the year, and the jump came in after-hours trading, so how the market prices these figures in the regular session remains to be seen.
market impact
HWKN and water treatment peers: results above forecasts support the stock, a company-level move
tags
instruments
sources
- Hawkins Shares Rise on Higher 2Q Profit, Revenue — Dow Jones Newswires, 26 October 2026 at 22:13 UTC
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