Scotts Miracle-Gro Co expected to post a loss of 72cents a share - Earnings Preview

Scotts Miracle-Gro

28/01/2022 14:45

* Scotts Miracle-Gro Co  SMG.N   SMG  is expected to show a
fall
in quarterly revenue when it reports  results on February 1. 
    * The Marysville Ohio-based  company is expected to report 
a
25.0% decrease in revenue to $561.31 million from $748.6 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Scotts Miracle-Gro
Co is
for a loss of 72 cents per share. For the same quarter last
year, the company reported earnings of 39 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"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 Scotts
Miracle-Gro Co is $190​, about 22.7% above​ its last closing
price of $146.94. ​​​
    * 

This summary was machine generated January 28 at 14:45 GMT.  All
figures in US dollars  unless otherwise stated