Investors Ride 3 Earnings Rollercoaster Rides

Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

The Scotts Miracle-Gro Co. (NYSE:SMG) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. Net loss decreased -7.58% to $68.3 million ($1.12 per diluted share) in the quarter versus a net loss of $73.9 million in the year-earlier quarter. Revenue decreased 2.56% to $205.8 million from the year-earlier quarter.

The Scotts Miracle-Gro Co. reported adjusted net loss of $1.12 per share. It beat the average revenue estimate of $199.65 million.

Markets are off to the races and this stock is on fire. Click here to discover it now!

SMG

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business