GrowGeneration Corp reports results for the quarter ended September 30 - Earnings Summary

• GrowGeneration Corp reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 3 cents per share.

• Revenue fell 5.2% to $44.78 million from a year ago; analysts expected $45.55 million.

• GrowGeneration Corp's reported EPS for the quarter was breakeven results​.

• The company reported quarterly net income of $237 thousand.

• GrowGeneration Corp shares had risen by 4.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 222.7% 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 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the home improvement products & services retailers peer group is also "buy"

• Wall Street's median 12-month price target for GrowGeneration Corp is $2.50, about 37.2% above its last closing price of $1.57

This summary was machine generated from LSEG data November 10 at 10:00 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)