GrowGeneration Q3 EPS $(0.12) Misses $(0.11) Estimate, Sales $55.68M Beat $54.64M Estimate
Portfolio Pulse from bharat@benzinga.com
GrowGeneration reported Q3 losses of $(0.12) per share, missing the analyst consensus estimate of $(0.11) by 9.09%. However, the company's quarterly sales of $55.68M beat the estimate of $54.64M by 1.90%. This represents a 21.41% decrease in sales compared to the same period last year.
November 08, 2023 | 10:02 pm
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GrowGeneration's Q3 earnings per share missed estimates, but sales beat expectations. However, sales are down 21.41% YoY.
GrowGeneration's Q3 earnings per share missed estimates, which could negatively impact investor sentiment and potentially lead to a decrease in the stock price. However, the company's sales beat estimates, which could offset some of the negative impact. The significant decrease in sales YoY could also negatively affect the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100