Scotts Miracle Gro (NYSE:SMG) reported its Q2 earnings results on Wednesday, May 3, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Scotts Miracle Gro beat estimated earnings by 9.25%, reporting an EPS of $3.78 versus an estimate of $3.46.
Revenue was down $146.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.3 which was followed by a 4.22% increase in the share price the next day.
Here’s a look at Scotts Miracle Gro’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.32 | -1.99 | 1.89 | 4.75 |
| EPS Actual | -1.02 | -2.04 | 1.98 | 5.03 |
| Revenue Estimate | 501.02M | 512.58M | 1.23B | 1.66B |
| Revenue Actual | 526.60M | 493.60M | 1.19B | 1.68B |
To track all earnings releases for Scotts Miracle Gro visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
