Scotts Miracle Gro Q3 2024 Adj. EPS $2.31 Beats $1.93 Estimate, Sales $1.202B Beat $1.198B Estimate
Portfolio Pulse from Benzinga Newsdesk
Scotts Miracle Gro (NYSE:SMG) reported Q3 2024 adjusted EPS of $2.31, beating the estimate of $1.93. Sales were $1.202 billion, surpassing the $1.198 billion estimate and showing a 7.42% increase from last year.
July 31, 2024 | 11:03 am
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Scotts Miracle Gro (NYSE:SMG) reported Q3 2024 adjusted EPS of $2.31, beating the estimate of $1.93 by 19.69%. Sales were $1.202 billion, surpassing the $1.198 billion estimate and showing a 7.42% increase from last year.
The significant beat on both EPS and sales estimates, along with a notable year-over-year sales increase, is likely to positively impact SMG's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100