Groupon (NASDAQ:GRPN) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:42 PM.
Here’s what investors need to know about the announcement.
Earnings
Groupon beat estimated earnings by 50.76%, reporting an EPS of $-0.65 versus an estimate of $-1.32.
Revenue was down $31.71 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 16.53% drop in the share price the next day.
Here’s a look at Groupon’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.40 | -0.53 | -0.44 | -0.52 |
| EPS Actual | -0.38 | -0.68 | -0.34 | -0.80 |
| Revenue Estimate | 161.55M | 156.42M | 157.57M | 165.81M |
| Revenue Actual | 148.16M | 144.39M | 153.22M | 153.32M |
To track all earnings releases for Groupon visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
