GrowGeneration Corp reports results for the quarter ended in December - Earnings Summary

GrowGeneration

15/03/2023 21:48

* GrowGeneration Corp  GRWG.OQ  reported a quarterly
adjusted loss
of 25 cents​​ per share for the quarter ended in December. The
mean expectation of eight analysts for the quarter was for a
loss of 11 cents per share.
    * Revenue fell 39.9% to $54.46 million from a year ago;
analysts
expected $51.78 million. 
    * GrowGeneration Corp's reported EPS for the quarter was a
loss
of 25 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * GrowGeneration Corp shares had fallen by 3.1% this
quarter.
    * The company reported a quarterly loss of $14.99 million.
    * Wall Street's median 12-month price target for
GrowGeneration
Corp is $5.13 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 15 at 09:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.11          -0.25          Missed
 Sep. 30 2022      -0.12          -0.12          Met
 Jun. 30 2022      -0.08          -0.14          Missed
 Mar. 31 2022      -0.08          -0.09          Missed