GrowGeneration (NASDAQ:GRWG) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
GrowGeneration beat estimated earnings by 9.09%, reporting an EPS of $-0.1 versus an estimate of $-0.11.
Revenue was down $24.94 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.14 which was followed by a 6.3% drop in the share price the next day.
Here’s a look at GrowGeneration’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.11 | -0.12 | -0.08 | -0.08 |
| EPS Actual | -0.25 | -0.12 | -0.14 | -0.09 |
| Revenue Estimate | 51.78M | 57.55M | 82.59M | 83.68M |
| Revenue Actual | 54.46M | 70.85M | 71.09M | 81.77M |
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.
