Groupon Q3 Sales $126.47M Miss $129.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Groupon's Q3 sales were reported at $126.47 million, missing the analyst consensus estimate of $129.64 million by 2.44 percent. This represents a 12.41 percent decrease compared to the same period last year.
November 09, 2023 | 9:05 pm
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NEGATIVE IMPACT
Groupon's Q3 sales fell short of analyst estimates by 2.44%, and decreased by 12.41% compared to the same period last year.
Groupon's Q3 sales missed the analyst consensus estimate and decreased compared to the same period last year. This 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