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

GrowGeneration

09/05/2023 23:33

* GrowGeneration Corp  GRWG.OQ  reported a quarterly
adjusted loss
of 10 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue fell 30.5% to $56.83 million from a year ago;
analysts
expected $55.95 million. 
    * GrowGeneration Corp's reported EPS for the quarter was a
loss
of 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.9%
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 9.4% this
quarter and
lost 4.6% so far this year.
    * The company reported a quarterly loss of $6.13 million.
    * Wall Street's median 12-month price target for
GrowGeneration
Corp is $4.28 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.08          -0.14          Missed