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

GrowGeneration

05/08/2023 01:21

* GrowGeneration Corp  GRWG.OQ   GRWG.O  is expected to show
a
fall in quarterly revenue when it reports  results on August 8. 
    * The Greenwood Village Colorado-based  company is expected
to
report  a 8.6% decrease in revenue to $64.978 million from
$71.09 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for GrowGeneration Corp
is
for a loss of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $4.53​, above​ its last closing price of $3.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.11       -0.11      -0.10     Beat    9
 Dec. 31 2023              -0.11      -0.25     Missed  -117.4
 Sep. 30 2022  -0.13       -0.12      -0.12     Met     4​
 Jun. 30 2022  -0.08       -0.08      -0.14     Missed  -80.6
 ​​Mar.        -0.09       -0.08      -0.09     Missed  -8
 31 2022                                                
 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
 This summary was machine generated August 5 at 00:21 GMT.  All
figures in US dollars  unless otherwise stated