Groupon Inc reports results for the quarter ended June 30 - Earnings Summary

• Groupon Inc GRPN.OQ reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of four analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -7 cents to 4 cents per share.

• Revenue rose 0.9% to $125.70 million from a year ago; analysts expected $122.46 million.

• Groupon Inc's reported EPS for the quarter was 46 cents​.

• The company reported quarterly net income of $20.34 million.

• Groupon Inc shares had fallen by 9.0% this quarter and gained 150.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 114.8% 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 also "buy"

• Wall Street's median 12-month price target for Groupon Inc is $29.00, about 5.8% below its last closing price of $30.67

This summary was machine generated from LSEG data August 7 at 04:13 a.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)