GrowGeneration Corp expected to post a loss of 11 cents a share - Earnings Preview

GrowGeneration

13/03/2023 21:17

* GrowGeneration Corp  GRWG.OQ   GRWG.O  is expected to show
a
fall in quarterly revenue when it reports  results on March 15. 
    * The Greenwood Village Colorado-based  company is expected
to
report  a 42.8% decrease in revenue to $51.776 million from
$90.58 million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for GrowGeneration Corp
is
for a loss of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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
GrowGeneration
Corp is $5.13​, above​ its last closing price of $3.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.13       -0.12      -0.12     Met     4
 Jun. 30 2022  -0.08       -0.08      -0.14     Missed  -80.6
 Mar. 31 2022  -0.09       -0.08      -0.09     Missed  -8​
 Dec. 31 2021  -0.10       -0.09      -0.07     Beat    24.1
 ​​Sep.        0.08        0.09       0.07      Missed  -18.8
 30 2021                                                
 Jun. 30 2021  0.12        0.12       0.11      Missed  -8.3​
 Mar. 31 2021  0.08        0.07       0.10      Beat    34.6
 Dec. 31 2020  0.08        0.07       0.03      Missed  -58
 This summary was machine generated March 13 at 21:17 GMT.  All
figures in US dollars  unless otherwise stated