Grove Collaborative Holdings Inc <GROV.N> expected to post a loss of 15 cents a share - Earnings Preview
Grove Collaborative Holdings Inc GROV.N, GROV.K is expected to show a fall in quarterly revenue when it reports results on March 11 for the period ending December 31 2024
The San Francisco California-based company is expected to report a 18.5% decrease in revenue to $48.791 million from $59.86 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Grove Collaborative Holdings Inc is for a loss of 15 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Grove Collaborative Holdings Inc is $2.50, above its last closing price of $1.62.
This summary was machine generated March 7 at 20:52 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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