GrowGeneration Corp expected to post a loss of 8  cents a share - Earnings Preview

GrowGeneration

06/05/2022 21:42

* GrowGeneration Corp  GRWG.OQ   GRWG.O  is expected to show
a
fall in quarterly revenue when it reports  results on May 10. 
    * The Greenwood Village Colorado-based  company is expected
to
report  a 7.0% decrease in revenue to $83.677 million from
$90.02 million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for GrowGeneration Corp
is
for a loss of 8 cents per share. For the same quarter last year,
the company reported earnings of 10 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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 $14​, above​ its last closing price of $6.11. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.10       -0.09      -0.07     Beat    24.1
 Sep. 30 2021  0.08        0.09       0.07      Missed  -18.8
 Jun. 30 2021  0.12        0.12       0.11      Missed  -8.3​
 Mar. 31 2021  0.08        0.07       0.10      Beat    34.6
 ​​Dec.        0.08        0.07       0.03      Missed  -58
 31 2020                                                
 Sep. 30 2020  0.06        0.06       0.06      Met     -6.7​
 Jun. 30 2020  0.04        0.05       0.06      Beat    27.3
 Mar. 31 2020  0.03        0.03       -0.06     Missed  -287.5
 This summary was machine generated May 6 at 20:42 GMT.  All
figures in US dollars  unless otherwise stated