Scotts Miracle Gro Q3 EPS $1.17 Misses $1.41 Estimate, Sales $1.12B Miss $1.16B Estimate
Portfolio Pulse from Benzinga Newsdesk
Scotts Miracle Gro (NYSE:SMG) reported Q3 earnings of $1.17 per share, missing the analyst consensus estimate of $1.41 by 17.02%. This is a 40.91% decrease from the same period last year. The company also reported quarterly sales of $1.12 billion, missing the analyst consensus estimate of $1.16 billion by 3.53%, a 5.66% decrease from the same period last year.
August 04, 2023 | 10:56 am
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Scotts Miracle Gro's Q3 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Scotts Miracle Gro's earnings and sales for Q3 have both missed estimates, and have significantly decreased compared to the same period last year. This could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
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