Groupon Inc expected to post a loss of 16 cents a share - Earnings Preview

Groupon

06/11/2024 14:29

* Groupon Inc  GRPN.OQ   GRPN.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The Chicago Illinois-based  company is expected to report
a
6.8% decrease in revenue to $117.886 million from $126.47
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on July 30
2024, for the period ended September 30, was for revenue between
$114.00 million and $120.00 million.
    * ​LSEG's mean analyst estimate for Groupon Inc is for a
loss
of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Groupon Inc
is
17.00​, above​ its last closing price of $10.72. ​​​

The company's guidance on July 30 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD114 million and
USD11 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.06        0.02       -0.02     Missed  -214.3
 Jan. 1 0001   0.05        0.05       -0.33     Missed  -760
 Dec. 31 2023  0.29        0.12       0.30      Beat    160.9​
 Jan. 1 0001   0.14        0.11       -0.12     Missed  -205.9
 ​​Jun.        -0.19       -0.18      -0.10     Beat    44.4
 30 2023                                                
 Mar. 31 2023  -1.34       -1.32      -0.65     Beat    50.8​
 Dec. 31 2022  -0.27       -0.40      -0.38     Beat    4.2
 Sep. 30 2022  -0.54       -0.53      -0.68     Missed  -29.1
 This summary was machine generated November 6 at 14:29 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)