Groupon Inc reports results for the quarter ended December 31 - Earnings Summary

• Groupon Inc GRPN.OQ reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.20. The mean expectation of three analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 6 cents to 50 cents per share.

• Revenue rose 1.8% to $132.71 million from a year ago; analysts expected $137.34 million.

• Groupon Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $7.34 million.

• Groupon Inc shares had fallen by 31.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 52.1% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the discount stores peer group is "buy."

• Wall Street's median 12-month price target for Groupon Inc is $30.50, about 60.4% above its last closing price of $12.07

This summary was machine generated from LSEG data March 10 at 09:01 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)