The average recommendation from Wall Street analysts was a Sell which may get revised based on this new data. The firm's higher revenue growth to earnings signals that the firm has not been able to reduce costs and has seen its profit margin decrease. The stock is down 19.08% to $3.97 after the report. In the same quarter a year ago, the company earned $0.18 per share on revenue of $223.2 million. On the revenue line, the company reported $148.2 million, missing estimates by $13.4 million.
The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods. Groupon Cl A ( GRPN) said after close Thursday that it lost $0.38 per share in quarter four 2022.
0 kommentar(er)
