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

Groupon

10/05/2023 23:43

* Groupon Inc  GRPN.OQ  reported a quarterly adjusted loss
of 65
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of
$1.32 per share.
    * Revenue fell 20.7% to $121.61 million from a year ago;
analysts
expected $134.91 million. 
    * The mean earnings estimate of analysts had fallen by
about 1,834.1% 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 fallen by 12.8% this quarter and
lost 57.2% so far this year.
    * The company reported a quarterly loss of $29.15 million.
    * Wall Street's median 12-month price target for Groupon Inc
is
$6.75 
    * 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 May
10 at 10:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -1.32          -0.65          Beat
 Dec. 31 2022      -0.40          -0.38          Beat
 Sep. 30 2022      -0.53          -0.68          Missed
 Jun. 30 2022      -0.44          -0.34          Beat