GrowGeneration (NASDAQ:GRWG - Get Free Report) is set to announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter. GrowGeneration has set its Q1 2024 guidance at EPS and its FY 2024 guidance at EPS.Investors that are interested in registering for the company's conference call can do so using this link.
GrowGeneration (NASDAQ:GRWG - Get Free Report) last issued its quarterly earnings data on Wednesday, March 13th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.06). GrowGeneration had a negative net margin of 20.58% and a negative return on equity of 15.60%. The firm had revenue of $49.45 million during the quarter, compared to analyst estimates of $46.03 million. On average, analysts expect GrowGeneration to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
GrowGeneration Trading Down 18.1 %
GRWG traded down $0.54 during mid-day trading on Wednesday, hitting $2.45. 3,598,399 shares of the stock were exchanged, compared to its average volume of 1,207,504. The company has a market cap of $150.70 million, a PE ratio of -3.56 and a beta of 3.01. The firm's fifty day moving average is $2.34 and its two-hundred day moving average is $2.38. GrowGeneration has a 1-year low of $1.77 and a 1-year high of $5.00.
Wall Street Analysts Forecast Growth
Separately, Oppenheimer lowered shares of GrowGeneration from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 20th.
Read Our Latest Stock Analysis on GRWG
GrowGeneration Company Profile
(
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GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.
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