GrowGeneration Q2 EPS $(0.09) Misses $(0.08) Estimate, Sales $63.92M Miss $64.98M Estimate
Portfolio Pulse from vinayak@benzinga.com
GrowGeneration reported Q2 losses of $(0.09) per share, missing the analyst consensus estimate of $(0.08) by 12.5%. The company's quarterly sales were $63.92 million, missing the analyst consensus estimate of $64.98 million by 1.62%. This represents a 35.71% increase in losses and a 10.08% decrease in sales compared to the same period last year.
August 08, 2023 | 8:36 pm
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GrowGeneration's Q2 earnings missed analyst estimates, with a higher loss per share and lower sales than expected.
GrowGeneration's Q2 earnings missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100