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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | -0.16 | 0.33 | Beat |
Jun. 30 2024 | 0.02 | -0.02 | Missed |
Mar. 31 2024 | 0.05 | -0.33 | Missed |
Dec. 31 2023 | 0.12 | 0.30 | Beat |
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