Grove Collaborative Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Grove Collaborative Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Grove Collaborative Holdings Inc GROV.N reported a quarterly adjusted loss of 3 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -10 cents. The lone analyst forecast for the quarter was for a loss of 6 cents per share.
Revenue fell 16.9% to $36.57 million from a year ago; analysts expected $36.77 million.
Grove Collaborative Holdings Inc's reported EPS for the quarter was a loss of 3 cents.
The company reported a quarterly loss of $1.3 million.
Grove Collaborative Holdings Inc shares had fallen by 11.2% this quarter and gained 0.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for Grove Collaborative Holdings Inc is $2.00, about 44% above its last closing price of $1.12
This summary was machine generated from LSEG data August 6 at 10:51 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 |
Jun. 30 2026 | -0.06 | -0.03 | Beat |
Mar. 31 2026 | -0.09 | -0.03 | Beat |
Dec. 31 2025 | -0.09 | -0.05 | Beat |
Sep. 30 2025 | -0.14 | -0.08 | Beat |
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Grove Collaborative Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
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