Groupon Inc reports results for the quarter ended September 30 - Earnings Summary

• Groupon Inc GRPN.OQ reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of four analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -30 cents to 2 cents per share.

• Revenue fell 9.5% to $114.48 million from a year ago; analysts expected $117.89 million.

• Groupon Inc's reported EPS for the quarter was 33 cents​.

• The company reported quarterly net income of $13.93 million.

• Groupon Inc shares had risen by 15.7% this quarter and lost 11.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 88.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the discount stores peer group is "hold."

Wall Street's median 12-month price target for Groupon Inc is $15.50

This summary was machine generated from LSEG data November 13 at 02:18 p.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)