Analysts anticipate Groupon to report an earnings per share (EPS) of $-0.08.
The announcement from Groupon is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
The company's EPS missed by $0.05 in the last quarter, leading to a 15.21% drop in the share price on the following day.
Here's a look at Groupon's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.03
0.05
0.11
0.11
EPS Actual
-0.02
0.06
0.30
-0.12
Price Change %
-15.0%
24.0%
-31.0%
-35.0%
Tracking Groupon's Stock Performance
Shares of Groupon were trading at $10.96 as of November 08. Over the last 52-week period, shares are up 14.05%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Observations about Groupon
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Groupon.
Groupon has received a total of 2 ratings from analysts, with the consensus rating as Buy. With an average one-year price target ...
