Scotts Miracle-Gro Co reports results for the quarter ended in December - Earnings Summary

Scotts Miracle-Gro

01/02/2023 14:32

* Scotts Miracle-Gro Co  SMG.N  reported a quarterly
adjusted loss
of $1.02​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for a loss of
$1.39 per share.
    * Revenue fell 7% to $526.60 million from a year ago;
analysts
expected $502.44 million. 
    * Scotts Miracle-Gro Co's reported EPS for the quarter was a
loss
of $1.17​.
    * The mean earnings estimate of analysts had fallen by
about 5.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Scotts Miracle-Gro Co shares had risen by 48.6% this
quarter.
    * The company reported a quarterly loss of $64.7 million.
    * Wall Street's median 12-month price target for Scotts
Miracle-Gro Co is $55.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
1 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -1.39          -1.02          Beat
 Sep. 30 2022      -1.97          -2.04          Missed
 Jun. 30 2022      1.72           1.98           Beat
 Mar. 31 2022      4.75           5.03           Beat