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

• Groupon Inc GRPN.OQ reported a quarterly adjusted loss of $2.92​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 33 cents. The mean expectation of four analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -3 cents to 4 cents per share.

• Revenue rose 7.3% to $122.83 million from a year ago; analysts expected $121.99 million.

• Groupon Inc's reported EPS for the quarter was a loss of $2.92​.

• The company reported a quarterly loss of $118.37 million.

• Groupon Inc shares had fallen by 19.1% this quarter and gained 55.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 33.3% 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 also "buy"

• Wall Street's median 12-month price target for Groupon Inc is $34.00, about 44.4% above its last closing price of $18.90

This summary was machine generated from LSEG data November 7 at 07:52 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)