* GrowGeneration Corp reported a quarterly adjusted loss of 10 cents per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of six analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -9 cents to -7 cents per share.
* Revenue fell 16.3% to $53.54 million from a year ago; analysts expected $52.20 million.
* GrowGeneration Corp's reported EPS for the quarter was a loss of 10 cents.
* The company reported a quarterly loss of $5.9 million.
* GrowGeneration Corp shares had fallen by 7.9% this quarter and lost 21.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 6% in the last three months.
* In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the home improvement products & services retailers peer group is also "hold"
Wall Street's median 12-month price target for GrowGeneration Corp is $2.75 This summary was machine generated from LSEG data August 9 at 06:21 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 -0.08 -0.10 Missed
Mar. 31 2024 -0.11 -0.14 Missed
Dec. 31 2023 -0.13 -0.44 Missed
Sep. 30 2023 -0.11 -0.12 Missed
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