Scotts Miracle-Gro (SMG) Reports Q4 Loss, Tops Revenue Estimates
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Scotts Miracle-Gro (SMG) reported a Q4 loss of $2.31 per share, which was larger than the Zacks Consensus Estimate of a $1.94 loss. However, this is an improvement from the $2.77 loss per share reported a year ago.
November 06, 2024 | 2:45 pm
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Scotts Miracle-Gro reported a Q4 loss of $2.31 per share, missing the Zacks Consensus Estimate of a $1.94 loss. Despite the miss, the loss is an improvement from last year's $2.77 per share.
The reported loss per share was larger than expected, which is typically negative for stock prices. However, the improvement from last year's loss and the fact that revenue estimates were exceeded may mitigate some negative impact.
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