Groupon Earnings Preview
Portfolio Pulse from Benzinga Insights
Groupon (NASDAQ:GRPN) is scheduled to release its quarterly earnings report on March 15, 2024, with an estimated EPS of $0.11. Investors are hopeful for a beat on this estimate and positive future guidance. Groupon's stock performance has been volatile around earnings announcements, with significant price changes following past earnings reports. The stock has seen a 353.55% increase over the last 52 weeks, trading at $18.09 as of March 13.
March 14, 2024 | 2:00 pm
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NEUTRAL IMPACT
Groupon is expected to report an EPS of $0.11 for the upcoming quarter. Historical data shows significant stock price movements post-earnings, with a 353.55% increase over the last year.
Given Groupon's history of significant stock price movements post-earnings and a substantial year-over-year increase, the upcoming earnings report could maintain the stock's volatility. However, the actual impact will depend on whether Groupon meets or exceeds the EPS estimate and provides positive future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100