The Scotts Miracle-Gro Company (NYSE: SMG) has set the date for the release of its fourth quarter financial results on Wednesday 6th November 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
According to the forecasts of financial experts on Wall Street, the concern is poised to announce an anticipated per share $1.95 loss for the quarter. Furthermore, the firm is expected to disclose a total revenue of $399.78 million for this specific period.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $3.54 billion. Additionally, they forecast the earnings per share to hit profit of $2.61 for the fiscal year.
In the same three months of the year before, the company made loss of $2.77 per share, as shown in their financial report. This number came from the total revenue of $374.5 million that the company earned in that particular quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q3 2024 | $2.31 | +97.4% | 1.20 B | +7.4% |
| Q2 2024 | $3.69 | -2.4% | 1.53 B | -0.5% |
| Q1 2024 | $-1.45 | -42.2% | 410.40 M | -22.1% |
| Q4 2023 | $-2.77 | -35.8% | 374.50 M | -24.1% |
| Q3 2023 | $1.17 | -40.9% | 1.12 B | -5.7% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 6th November 2024 at 09:00 AM eastern time to discuss Q4 financial results.
The Scotts Miracle-Gro Company (SMG) closed Friday's regular trading session at $89.66, demonstrating a 3.08 percent rise. During the day, SMG shares traded between $87.36 and $90.15, with a day volume of 747.40 thousand shares.
