SPAR Group Inc reports results for the quarter ended December 31 - Earnings Summary

• SPAR Group Inc SGRP.OQ reported a quarterly adjusted loss of 24 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 9 cents. The lone analyst forecast for the quarter was for earnings of 2 cents per share.

• Revenue fell 49.2% to $33.04 million from a year ago; analysts expected $39.00 million.

• SPAR Group Inc's reported EPS for the quarter was a loss of 56 cents​.

• The company reported a quarterly loss of $13.26 million.

• SPAR Group Inc shares had fallen by 15.2% this quarter and lost 42.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

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

RECOMMENDATIONS

This summary was machine generated from LSEG data May 19 at 01:31 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)