Grove Collaborative Holdings Inc expected to post a loss of 16 cents a share - Earnings Preview

Grove Collaborative Holdings

11/05/2024 24:27

* Grove Collaborative Holdings Inc  GROV.N   GROV.K  is
expected
to show a fall in quarterly revenue when it reports  results on
May 14 for the period ending March 31 2024
    * The San Francisco California-based  company is expected to
report a 24.4% decrease in revenue to $54.086 million from
$71.57 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 16 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 $3.00​, above​ its last closing
price of $1.68. ​​​

This summary was machine generated May 10 at 23:27 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)