Scotts Miracle-Gro Co expected to post earnings of $4.75 a share - Earnings Preview

Scotts Miracle-Gro

29/04/2022 19:12

* Scotts Miracle-Gro Co  SMG.N   SMG  is expected to show a
fall
in quarterly revenue when it reports  results on May 3. 
    * The Marysville Ohio-based  company is expected to report 
a
9.1% decrease in revenue to $1.662 billion from $1.83 billion a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Scotts Miracle-Gro
Co is
for earnings of $4.75 per share. For the same quarter last year,
the company reported earnings of $5.64 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 $157.5​, above​ its last closing price
of $101.35. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.73       -0.73      -0.88     Missed  -21.1
 Sep. 30 2021  -0.84       -0.84      -0.82     Beat    2.4
 Jun. 30 2021  3.52        3.44       3.98      Beat    15.8​
 Mar. 31 2021  5.45        5.42       5.64      Beat    4.1
 ​​Dec.        -0.77       -0.76      0.39      Beat    151
 31 2020                                                
 Sep. 30 2020  0.18        0.10       0.06      Missed  -36.8​
 Jun. 30 2020  3.43        3.37       3.80      Beat    12.6
 Mar. 31 2020  4.36        4.18       4.50      Beat    7.7
 This summary was machine generated April 29 at 18:12 GMT.  All
figures in US dollars  unless otherwise stated