Groupon Inc expected to post earnings of 2 cents a share - Earnings Preview

Groupon

26/07/2024 23:12

* Groupon Inc  GRPN.OQ   GRPN.O  is expected to show a fall
in
quarterly revenue when it reports  results on July 30 for the
period ending January 1 0001
    * The Chicago Illinois-based  company is expected to report
a
5.7% decrease in revenue to $121.737 million from $129.11
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on May 9
2024, for the period ended June 30, was for revenue between
$116.00 million and $122.00 million.
    * ​LSEG's mean analyst estimate for Groupon Inc is for
earnings of
2 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
$18.00​, above​ its last closing price of $17.46. ​​​

The company's guidance on May 9 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD116 million and USD17 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  
 Mar. 31 2024  0.05        0.05       -0.33     Missed  -760
 Dec. 31 2024  0.29        0.12       0.30      Beat    160.9
 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.        -1.34       -1.32      -0.65     Beat    50.8
 31 2023                                                
 Dec. 31 2022  -0.27       -0.40      -0.38     Beat    4.2​
 Sep. 30 2022  -0.54       -0.53      -0.68     Missed  -29.1
 Jan. 1 0001   -0.47       -0.44      -0.34     Beat    23.1
 This summary was machine generated July 26 at 22:12 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)