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

GrowGeneration

07/11/2022 22:52

* GrowGeneration Corp  GRWG.OQ  reported a quarterly
adjusted loss
of 12 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was for a
loss of 12 cents per share.
    * Revenue fell 38.9% to $70.85 million from a year ago;
analysts
expected $57.55 million. 
    * GrowGeneration Corp's reported EPS for the quarter was a
loss
of 12 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.2%
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 1.7% this
quarter and
lost 73.6% so far this year.
    * The company reported a quarterly loss of $7.2 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 Refinitiv data November
7 at 10:52 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.09          -0.07          Beat