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

Scotts Miracle-Gro

03/05/2022 19:21

* Scotts Miracle-Gro Co  SMG.N  reported quarterly adjusted
earnings of $5.03​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of $4.75 per share.
    * Revenue fell 8.2% to $1.68 billion from a year ago; 
analysts
expected $1.66 billion. 
    * Scotts Miracle-Gro Co's reported EPS for the quarter was
$4.94​.
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Scotts Miracle-Gro Co shares had fallen by 13.8% this
quarter and lost 34.1% so far this year.
    * The company reported quarterly net income of $276.5
million.
    * Wall Street's median 12-month price target for Scotts
Miracle-Gro Co is $153.50 
    * 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." 

This summary was machine generated May 3 at 06:21 p.m.  ​All
figures in US dollars unless otherwise stated