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

GrowGeneration

11/05/2022 24:09

* GrowGeneration Corp  GRWG.OQ  reported a quarterly
adjusted loss
of 9 cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for a loss of 8
cents per share.
    * Revenue fell 9.2% to $81.77 million from a year ago; 
analysts
expected $83.68 million. 
    * GrowGeneration Corp's reported EPS for the quarter was a
loss
of 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 477.1% 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 43.4% this
quarter and
lost 60.1% so far this year.
    * The company reported a quarterly loss of $5.18 million.
    * Wall Street's median 12-month price target for
GrowGeneration
Corp is $14.00 
    * 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." 

This summary was machine generated May 10 at 11:08 p.m.  ​All
figures in US dollars unless otherwise stated