Groupon Q2 Adj. EPS $(0.10) Beats $(0.18) Estimate, Sales $129.11M Beat $122.99M Estimate
Portfolio Pulse from Benzinga Newsdesk
Groupon reported Q2 losses of $(0.41) per share, missing the analyst consensus estimate of $(0.18) by 127.78%. This is a 20.59% decrease over losses from the same period last year. However, the company's quarterly sales of $129.11 million beat the analyst consensus estimate of $122.99 million by 4.98%, despite being a 15.73% decrease over sales from the same period last year.
August 09, 2023 | 8:13 pm
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Groupon's Q2 earnings per share missed estimates by a significant margin, while sales beat estimates. This mixed result could lead to uncertainty in the market.
Groupon's earnings per share missed estimates by a significant margin, which could negatively impact the stock. However, the company's sales beat estimates, which could have a positive impact. The mixed results could lead to uncertainty in the market, potentially causing volatility in the stock price.
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