GrowGeneration: Q1 Earnings Insights

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GrowGeneration GRWG reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

GrowGeneration missed estimated earnings by 12.5%, reporting an EPS of $-0.09 versus an estimate of $-0.08.

Revenue was down $8.26 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 2.22% increase in the share price the next day.

Here's a look at GrowGeneration's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.09 0.09 0.12 0.07
EPS Actual -0.07 0.07 0.11 0.10
Revenue Estimate 89.09M 114.78M 111.69M 87.14M
Revenue Actual 90.58M 116.00M 125.89M 90.02M

To track all earnings releases for GrowGeneration visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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