Groupon Inc reports results for the quarter ended March 31 - Earnings Summary

• Groupon Inc GRPN.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -33 cents. The mean expectation of four analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -15 cents to -2 cents per share.

• Revenue fell 4.8% to $117.19 million from a year ago; analysts expected $115.50 million.

• Groupon Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $7.18 million.

• Groupon Inc shares had fallen by 9.5% this quarter and gained 39.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 23.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the discount stores peer group is "hold."

• Wall Street's median 12-month price target for Groupon Inc is $20.50

This summary was machine generated from LSEG data May 8 at 04:40 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)