Scotts Miracle-Gro (SMG) Reports Q1 Loss, Tops Revenue Estimates
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Scotts Miracle-Gro (SMG) reported a Q1 loss of $0.89 per share, which is better than the Zacks Consensus Estimate of a $1.28 loss. This is an improvement from the $1.45 loss per share reported a year ago.
January 29, 2025 | 2:30 pm
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Scotts Miracle-Gro reported a Q1 loss of $0.89 per share, better than the expected $1.28 loss, and an improvement from last year's $1.45 loss.
The better-than-expected earnings report, with a smaller loss than anticipated, is likely to positively impact SMG's stock price in the short term. The improvement from last year's loss also suggests a positive trend.
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