GrowGeneration: Q1 Earnings Insights

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.

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.

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.