Groupon Inc <GRPN.OQ> expected to post a loss of 16 cents a share - Earnings Preview
Groupon Inc GRPN.OQ GRPN.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 Chicago Illinois-based company is expected to report a 6.8% decrease in revenue to $117.886 million from $126.47 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on July 30 2024, for the period ended September 30, was for revenue between $114.00 million and $120.00 million.
LSEG's mean analyst estimate for Groupon Inc is for a loss of 16 cents per share.
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 mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Groupon Inc is 17.00, above its last closing price of $10.90.
The company's guidance on July 30 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD114 million and USD11 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | 0.06 | 0.02 | -0.02 | Missed | -214.3 |
Mar. 31 2024 | 0.05 | 0.05 | -0.33 | Missed | -760 |
Dec. 31 2023 | 0.29 | 0.12 | 0.30 | Beat | 160.9 |
Sep. 30 2023 | 0.14 | 0.11 | -0.12 | Missed | -205.9 |
Jun. 30 2023 | -0.19 | -0.18 | -0.10 | Beat | 44.4 |
Mar. 31 2023 | -1.34 | -1.32 | -0.65 | Beat | 50.8 |
Dec. 31 2022 | -0.27 | -0.40 | -0.38 | Beat | 4.2 |
Sep. 30 2022 | -0.54 | -0.53 | -0.68 | Missed | -29.1 |
This summary was machine generated November 8 at 22:43 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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