GrowGeneration Corp expected to post a loss of 11 cents a share - Earnings Preview

Reuters11-09
GrowGeneration Corp <grwg.oq> expected to post a loss of 11 cents a share - Earnings Preview </grwg.oq>
  • GrowGeneration Corp GRWG.OQ GRWG.O is expected to show a fall in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

  • The Greenwood Village Colorado-based company is expected to report a 14.6% decrease in revenue to $47.559 million from $55.68 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for GrowGeneration Corp is for a loss of 11 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "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 $3.13​, above​ its last closing price of $1.87. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-0.08

-0.08

-0.10

Missed

-27.7

Mar. 31 2024

-0.11

-0.11

-0.14

Missed

-28.8

Dec. 31 2023

-0.13

-0.44

Missed

-227.6​

Sep. 30 2023

-0.11

-0.11

-0.12

Missed

-10.5

​​Jun. 30 2023

-0.08

-0.08

-0.09

Missed

-17.5

Mar. 31 2023

-0.11

-0.11

-0.10

Beat

9​

Dec. 31 2022

-0.11

-0.25

Missed

-117.4

Sep. 30 2022

-0.13

-0.12

-0.12

Met

4

This summary was machine generated November 8 at 23:43 GMT. 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)

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