GrowGeneration (NASDAQ:GRWG) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
GrowGeneration missed estimated earnings by 12.5%, reporting an EPS of $-0.09 versus an estimate of $-0.08.
Revenue was down $8.26 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 2.22% increase in the share price the next day.
Here's a look at GrowGeneration's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | 0.09 | 0.12 | 0.07 |
| EPS Actual | -0.07 | 0.07 | 0.11 | 0.10 |
| Revenue Estimate | 89.09M | 114.78M | 111.69M | 87.14M |
| Revenue Actual | 90.58M | 116.00M | 125.89M | 90.02M |
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.
