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Seeking Clues to Groupon (GRPN) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
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Wall Street analysts forecast that Groupon (GRPN - Free Report) will report quarterly earnings of $0.01 per share in its upcoming release, pointing to a year-over-year decline of 97%. It is anticipated that revenues will amount to $121.88 million, exhibiting an increase of 6.5% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Groupon metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Geographic Revenue- North America' reaching $92.32 million. The estimate suggests a change of +6.2% year over year.
Analysts expect 'Geographic Revenue- International- Local' to come in at $23.15 million. The estimate indicates a change of -1.4% from the prior-year quarter.
It is projected by analysts that the 'Geographic Revenue- International' will reach $27.62 million. The estimate indicates a change of +0.1% from the prior-year quarter.
The combined assessment of analysts suggests that 'Geographic Revenue- North America- Local' will likely reach $87.82 million. The estimate suggests a change of +7.8% year over year.
Over the past month, Groupon shares have recorded returns of -12.3% versus the Zacks S&P 500 composite's +2.4% change. Based on its Zacks Rank #3 (Hold), GRPN will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Seeking Clues to Groupon (GRPN) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Wall Street analysts forecast that Groupon (GRPN - Free Report) will report quarterly earnings of $0.01 per share in its upcoming release, pointing to a year-over-year decline of 97%. It is anticipated that revenues will amount to $121.88 million, exhibiting an increase of 6.5% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Groupon metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Geographic Revenue- North America' reaching $92.32 million. The estimate suggests a change of +6.2% year over year.
Analysts expect 'Geographic Revenue- International- Local' to come in at $23.15 million. The estimate indicates a change of -1.4% from the prior-year quarter.
It is projected by analysts that the 'Geographic Revenue- International' will reach $27.62 million. The estimate indicates a change of +0.1% from the prior-year quarter.
The combined assessment of analysts suggests that 'Geographic Revenue- North America- Local' will likely reach $87.82 million. The estimate suggests a change of +7.8% year over year.
View all Key Company Metrics for Groupon here>>>Over the past month, Groupon shares have recorded returns of -12.3% versus the Zacks S&P 500 composite's +2.4% change. Based on its Zacks Rank #3 (Hold), GRPN will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .