GrowGeneration Corp reports results for the quarter ended December 31 - Earnings Summary

• GrowGeneration Corp GRWG.OQ reported a quarterly adjusted loss of 39 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -44 cents. The mean expectation of five analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -20 cents to -8 cents per share.

• Revenue fell 24.3% to $37.44 million from a year ago; analysts expected $40.41 million.

• GrowGeneration Corp's reported EPS for the quarter was a loss of 39 cents​.

• The company reported a quarterly loss of $23.34 million.

• GrowGeneration Corp shares had fallen by 39.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the home improvement products & services retailers peer group is "hold."

Wall Street's median 12-month price target for GrowGeneration Corp is $4.00

This summary was machine generated from LSEG data March 13 at 09:01 p.m. UTC. ​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)