GrowGeneration Corp expected to post a loss of 13 cents a share - Earnings Preview
11/03/2024 20:25
* GrowGeneration Corp GRWG.OQ GRWG.O is expected to show
a
fall in quarterly revenue when it reports results on March 13
for the period ending December 31 2023
* The Greenwood Village Colorado-based company is expected
to
report a 16.3% decrease in revenue to $45.553 million from
$54.46 million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Revenue is on Total revenue/net
revenue basis)
* LSEG's mean analyst estimate for GrowGeneration Corp is
for a
loss of 13 cents per share.
* 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 mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for
GrowGeneration
Corp is $4.00, above its last closing price of $2.18.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 -0.11 -0.11 -0.12 Missed -10.5
Jun. 30 2023 -0.08 -0.08 -0.09 Missed -17.5
Mar. 31 2023 -0.11 -0.11 -0.10 Beat 9
Dec. 31 2022 -0.11 -0.25 Missed -117.4
Sep. -0.13 -0.12 -0.12 Met 4
30 2022
Jun. 30 2022 -0.08 -0.08 -0.14 Missed -80.6
Mar. 31 2022 -0.09 -0.08 -0.09 Missed -8
Dec. 31 2021 -0.10 -0.09 -0.07 Beat 24.1
This summary was machine generated March 11 at 20:25 GMT. 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)