Groupon Q1 2024 Adj EPS $0.06 Beats $0.05 Estimate, Sales $123.100M Beat $117.450M Estimate
Portfolio Pulse from Benzinga Newsdesk
Groupon reported Q1 2024 adjusted EPS of $0.06, surpassing the $0.05 estimate, with sales of $123.1M exceeding the $117.45M forecast, marking a 1.22% year-over-year increase.
May 09, 2024 | 8:18 pm
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POSITIVE IMPACT
Groupon's Q1 2024 earnings and sales exceeded analyst expectations, showing a positive year-over-year growth.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The year-over-year sales growth further strengthens the company's financial position and outlook, making it an attractive investment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100