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Scotts (SMG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
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Scotts Miracle-Gro (SMG - Free Report) reported $414.7 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 10.7%. EPS of -$2.31 for the same period compares to -$2.77 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $392.95 million, representing a surprise of +5.54%. The company delivered an EPS surprise of -19.07%, with the consensus EPS estimate being -$1.94.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Scotts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- U.S.Consumer: $309.70 million versus $292.53 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +54.1% change.
Net Sales- Hawthorne: $80.50 million versus the five-analyst average estimate of $80.87 million. The reported number represents a year-over-year change of -46.2%.
Net Sales- Other: $24.50 million versus $22 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +2.9% change.
Segment Profit (Loss) (Non-GAAP)- U.S. Consumer: -$82.50 million versus -$66.35 million estimated by two analysts on average.
Segment Profit (Loss) (Non-GAAP)- Corporate: -$30.90 million versus the two-analyst average estimate of -$21.27 million.
Segment Profit (Loss) (Non-GAAP)- Other: -$8.20 million versus the two-analyst average estimate of -$5.09 million.
Segment Profit (Loss) (Non-GAAP)- Hawthorne: -$5 million versus the two-analyst average estimate of $4.56 million.
Shares of Scotts have returned +9.6% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Scotts (SMG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Scotts Miracle-Gro (SMG - Free Report) reported $414.7 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 10.7%. EPS of -$2.31 for the same period compares to -$2.77 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $392.95 million, representing a surprise of +5.54%. The company delivered an EPS surprise of -19.07%, with the consensus EPS estimate being -$1.94.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Scotts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- U.S.Consumer: $309.70 million versus $292.53 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +54.1% change.
- Net Sales- Hawthorne: $80.50 million versus the five-analyst average estimate of $80.87 million. The reported number represents a year-over-year change of -46.2%.
- Net Sales- Other: $24.50 million versus $22 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +2.9% change.
- Segment Profit (Loss) (Non-GAAP)- U.S. Consumer: -$82.50 million versus -$66.35 million estimated by two analysts on average.
- Segment Profit (Loss) (Non-GAAP)- Corporate: -$30.90 million versus the two-analyst average estimate of -$21.27 million.
- Segment Profit (Loss) (Non-GAAP)- Other: -$8.20 million versus the two-analyst average estimate of -$5.09 million.
- Segment Profit (Loss) (Non-GAAP)- Hawthorne: -$5 million versus the two-analyst average estimate of $4.56 million.
View all Key Company Metrics for Scotts here>>>Shares of Scotts have returned +9.6% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.