Scotts Miracle-Gro Co reports results for the quarter ended December 31 - Earnings Summary

• Scotts Miracle-Gro Co SMG.N reported a quarterly adjusted loss of 89 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.45. The mean expectation of eight analysts for the quarter was for a loss of $1.23 per share. Wall Street expected results to range from $-1.36 to $-1.09 per share.

• Revenue rose 1.6% to $416.80 million from a year ago; analysts expected $392.34 million.

• Scotts Miracle-Gro Co's reported EPS for the quarter was a loss of $1.21​.

• The company reported a quarterly loss of $69.5 million.

• Scotts Miracle-Gro Co shares had risen by 14.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the agricultural chemicals peer group is "hold."

Wall Street's median 12-month price target for Scotts Miracle-Gro Co is $78.00

This summary was machine generated from LSEG data January 29 at 02:32 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)