Groupon Inc expected to post earnings of 12 cents a share - Earnings Preview

Groupon

13/03/2024 12:40

* Groupon Inc  GRPN.OQ   GRPN.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 15 for the
period ending December 31 2023
    * The Chicago Illinois-based  company is expected to report
a
7.7% decrease in revenue to $136.704 million from $148.16
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on November
9 2023, for the period ended December 31, was for revenue
between $127.50 million and $137.50 million.
    * ​LSEG's mean analyst estimate for Groupon Inc is for
earnings of
12 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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
$14.50​, below​ its last closing price of $18.58. ​​​

The company's guidance on November 9 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD127.5 million and
USD25 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  
 Sep. 30 2023  0.14        0.11       -0.12     Missed  -205.9
 Jun. 30 2023  -0.19       -0.18      -0.10     Beat    44.4
 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.        -0.54       -0.53      -0.68     Missed  -29.1
 30 2022                                                
 Jun. 30 2022  -0.47       -0.44      -0.34     Beat    23.1​
 Mar. 31 2022  -0.49       -0.52      -0.80     Missed  -54.6
 Dec. 31 2021  0.20        0.19       0.18      Missed  -5
 This summary was machine generated March 13 at 12:40 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)