Grove Collaborative Holdings Inc expected to post a loss of 13 cents a share - Earnings Preview

Grove Collaborative Holdings

08/11/2024 21:39

* Grove Collaborative Holdings Inc  GROV.N   GROV.K  is
expected
to show a fall in quarterly revenue when it reports  results on
November 12 for the period ending September 30 2024
    * The San Francisco California-based  company is expected to
report a 17.7% decrease in revenue to $50.85 million from $61.75
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Grove Collaborative
Holdings
Inc is for a loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "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 Grove
Collaborative Holdings Inc is $2.50​, above​ its last closing
price of $1.31. ​​​

This summary was machine generated November 8 at 21:38 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)