GrowGeneration Corp reports results for the quarter - Earnings Summary
12/11/2024 23:26
* GrowGeneration Corp GRWG.OQ reported a quarterly
adjusted loss
of 19 cents per share for the quarter , lower than the same
quarter last year, when the company reported EPS of -12 cents.
The mean expectation of five analysts for the quarter was for a
loss of 11 cents per share. Wall Street expected results to
range from -15 cents to -7 cents per share.
* Revenue fell 10.2% to $50.01 million from a year ago;
analysts
expected $47.56 million.
* GrowGeneration Corp's reported EPS for the quarter was a
loss
of 19 cents.
* The company reported a quarterly loss of $11.44 million.
* GrowGeneration Corp shares had fallen by 12.7% this
quarter and
lost 25.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 13.6%
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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the home
improvement
products & services retailers peer group is also "hold"
Wall Street's median 12-month price target for GrowGeneration
Corp is $3.13
This summary was machine generated from LSEG data November 12 at
11:25 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 -0.11 -0.19 Missed
Jun. 30 2024 -0.08 -0.10 Missed
Mar. 31 2024 -0.11 -0.14 Missed
Dec. 31 2023 -0.13 -0.44 Missed