GrowGeneration Corp reports results for the quarter ended in June - Earnings Summary

GrowGeneration

09/08/2023 24:34

* GrowGeneration Corp  GRWG.OQ  reported a quarterly
adjusted loss
of 9 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue fell 10.1% to $63.93 million from a year ago;
analysts
expected $64.98 million. 
    * GrowGeneration Corp's reported EPS for the quarter was a
loss
of 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * GrowGeneration Corp shares had risen by 3.8% this
quarter and
lost 9.9% so far this year.
    * The company reported a quarterly loss of $5.7 million.
    * Wall Street's median 12-month price target for
GrowGeneration
Corp is $4.53 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 11:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.08          -0.09          Missed
 Mar. 31 2023      -0.11          -0.10          Beat
 Dec. 31 2022      -0.11          -0.25          Missed
 Sep. 30 2022      -0.12          -0.12          Met