Groupon Inc reports results for the quarter ended September 30 - Earnings Summary

Groupon

13/11/2024 14:18

* Groupon Inc  GRPN.OQ  reported quarterly adjusted earnings
of 33
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -12 cents.  The mean expectation of four analysts for the
quarter was for a loss of 16 cents per share. Wall Street
expected results to range from -30 cents to 2 cents per share.
    * Revenue fell 9.5% to $114.48 million from a year ago;
analysts
expected $117.89 million. 
    * Groupon Inc's reported EPS for the quarter was 33 cents​.
    * The company reported quarterly net income of $13.93
million.
    * Groupon Inc shares had risen by 15.7% this quarter and
lost 11.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 88.2%
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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the discount
stores
peer group is  "hold."

Wall Street's median 12-month price target for Groupon Inc is
$15.50 
This summary was machine generated from LSEG data November 13 at
02:18 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
 Sep. 30 2024      -0.16          0.33           Beat
 Jun. 30 2024      0.02           -0.02          Missed
 Mar. 31 2024      0.05           -0.33          Missed
 Dec. 31 2023      0.12           0.30           Beat