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

Scotts Miracle-Gro

02/11/2022 13:33

* Scotts Miracle-Gro Co  SMG.N  reported a quarterly
adjusted loss
of $2.04​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was for a
loss of $1.97 per share.
    * Revenue fell 33.1% to $493.60 million from a year ago;
analysts
expected $519.87 million. 
    * Scotts Miracle-Gro Co's reported EPS for the quarter was a
loss
of $3.97​.
    * The mean earnings estimate of analysts had fallen by
about 10.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Scotts Miracle-Gro Co shares had risen by 8.4% this
quarter and
lost 71.2% so far this year.
    * The company reported a quarterly loss of $220.1 million.
    * Wall Street's median 12-month price target for Scotts
Miracle-Gro Co is $82.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -1.97          -2.04          Missed
 Jun. 30 2022      1.72           1.98           Beat
 Mar. 31 2022      4.75           5.03           Beat
 Dec. 31 2021      -0.73          -0.88          Missed