Groupon (GRPN) Scheduled to Post Quarterly Earnings on Thursday

Groupon (NASDAQ:GRPN) is scheduled to be releasing its earnings data after the market closes on Thursday, May 9th. Analysts expect Groupon to post earnings of ($0.18) per share for the quarter. Groupon has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.

Groupon (NASDAQ:GRPN) last posted its quarterly earnings data on Friday, March 15th. The coupon company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.51. The business had revenue of $137.72 million during the quarter, compared to the consensus estimate of $136.47 million. On average, analysts expect Groupon to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Groupon Stock Down 3.8 %

Shares of NASDAQ:GRPN opened at $11.12 on Thursday. The company has a market cap of $433.35 million, a price-to-earnings ratio of -5.77 and a beta of 1.65. The business has a 50 day moving average price of $14.06 and a 200 day moving average price of $13.19. Groupon has a twelve month low of $2.89 and a twelve month high of $19.56.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. StockNews.com raised Groupon from a “sell” rating to a “hold” rating in a research report on Monday, March 18th. Roth Mkm reissued a “buy” rating and issued a $28.00 price target on shares of Groupon in a report on Tuesday, April 16th. Finally, The Goldman Sachs Group raised their price target on shares of Groupon from $5.00 to $7.50 and gave the stock a “sell” rating in a research report on Friday, January 19th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.38.

Groupon Company Profile

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.