CORRECTION: Groupon Q2 2024 Adj EPS $(0.25) Misses $0.02 Estimate
Portfolio Pulse from Benzinga Newsdesk
Groupon reported its Q2 2024 adjusted EPS at $(0.25), missing the estimate of $0.02.
July 30, 2024 | 8:40 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Groupon reported a Q2 2024 adjusted EPS of $(0.25), significantly missing the analyst estimate of $0.02. This earnings miss could negatively impact the stock price in the short term.
The significant miss on the earnings estimate is likely to lead to a negative market reaction, causing a short-term decline in Groupon's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100