
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