Markets News
StocksSeptember 29, 20261 min read

Groupon Advances as Major U.S. Indexes End Lower

The shares rose in the latest session, while Zacks estimates point to quarterly revenue growth and a smaller per-share loss.

Groupon closed at $19.98, up 1.19% in the latest trading session. The S&P 500 fell 0.17%, the Dow dropped 0.26% and the Nasdaq lost 0.09%.

Over the past month, Groupon gained 2.92%. That outpaced a 6.36% decline in the Retail-Wholesale sector and a 0.24% drop in the S&P 500.

Investors are looking ahead to Groupon’s upcoming financial results. The Zacks Consensus Estimate puts quarterly earnings at a loss of $0.01 per share and revenue at $129.41 million, up 5.37% from a year earlier.

For the full year, Zacks estimates a loss of $0.14 per share and revenue of $517.75 million. The estimates represent projected changes of 93.2% and 3.88%, respectively, from last year. The consensus estimate for earnings per share has not changed over the past month.

This article was produced with the help of AI technology.
Source: Yahoo Finance

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