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

Groupon

09/08/2023 23:32

* Groupon Inc  GRPN.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 18 cents per share.
    * Revenue fell 15.7% to $129.11 million from a year ago;
analysts
expected $122.99 million. 
    * The mean earnings estimate of analysts had risen by
about 7.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Groupon Inc shares had risen by 39.6% this quarter and
lost 3.8%
so far this year.
    * The company reported a quarterly loss of $12.61 million.
    * Wall Street's median 12-month price target for Groupon Inc
is
$3.70 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.18          -0.10          Beat
 Mar. 31 2023      -1.32          -0.65          Beat
 Dec. 31 2022      -0.40          -0.38          Beat
 Sep. 30 2022      -0.53          -0.68          Missed