Scotts Miracle-Gro Co reports results for the quarter ended June 30 - Earnings Summary
Scotts Miracle-Gro Co reports results for the quarter ended June 30 - Earnings Summary
Scotts Miracle-Gro Co SMG.N reported quarterly adjusted earnings of $2.82 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.59. The mean expectation of seven analysts for the quarter was for earnings of $2.49 per share. Wall Street expected results to range from $2.35 to $2.67 per share.
Revenue fell 1.3% to $1.17 billion from a year ago; analysts expected $1.17 billion.
Scotts Miracle-Gro Co's reported EPS for the quarter was $1.90.
The company reported quarterly net income of $112.2 million.
Scotts Miracle-Gro Co shares had risen by 7.3% this quarter and gained 25.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.9% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the agricultural chemicals peer group is also "buy"
Wall Street's median 12-month price target for Scotts Miracle-Gro Co is $75.00, about 2.5% above its last closing price of $73.10
This summary was machine generated from LSEG data July 29 at 04:35 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 2.49 | 2.82 | Beat |
Mar. 31 2026 | 4.02 | 4.53 | Beat |
Dec. 31 2025 | -0.97 | -0.77 | Beat |
Sep. 30 2025 | -1.99 | -1.96 | Beat |
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