Groupon Inc reports results for the quarter ended in December - Earnings Summary

Groupon

15/03/2024 13:31

* Groupon Inc  GRPN.OQ  reported quarterly adjusted earnings
of 30
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -38
cents.  The mean expectation of three analysts for the quarter
was for earnings of 12 cents per share. Wall Street expected
results to range from -6 cents to 29 cents per share.
    * Revenue fell 7% to $137.72 million from a year ago;
analysts
expected $136.70 million. 
    * Groupon Inc's reported EPS for the quarter was 76 cents​.
    * The company reported quarterly net income of $27.7
million.
    * Groupon Inc shares had risen by 41.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 130%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the discount
stores
peer group is also "hold"

Wall Street's median 12-month price target for Groupon Inc is
$14.50 
This summary was machine generated from LSEG data March 15 at
01:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.12           0.30           Beat
 Sep. 30 2023      0.11           -0.12          Missed
 Jun. 30 2023      -0.18          -0.10          Beat
 Mar. 31 2023      -1.32          -0.65          Beat