Earnings Outlook For GrowGeneration
Portfolio Pulse from Benzinga Insights
GrowGeneration (NASDAQ:GRWG) is expected to report a Q4 earnings per share (EPS) of $-0.13 on March 13, 2024. Analysts and investors will be closely watching if GRWG can beat this estimate and provide positive guidance for the next quarter. Historically, GRWG's share price has been sensitive to earnings performance and guidance, with notable fluctuations following past earnings announcements. Over the last year, GRWG shares have declined by 47.23%, indicating a bearish sentiment among long-term shareholders.
March 12, 2024 | 4:01 pm
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GrowGeneration is set to report its Q4 earnings with an anticipated EPS of $-0.13. Historical data shows significant stock price movements post-earnings, with a 47.23% decline over the past year indicating bearish sentiment.
Given GRWG's history of stock price volatility post-earnings and the current bearish sentiment from a 47.23% annual decline, the upcoming earnings report could maintain the stock's volatility. However, the impact direction is uncertain without knowing if the earnings will beat or miss expectations and what the future guidance will be.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100