Workflow
Insights Into Groupon (GRPN) Q3: Wall Street Projections for Key Metrics
GRPNGroupon(GRPN) ZACKS·2024-11-07 15:21

Core Viewpoint - Analysts forecast that Groupon (GRPN) will report quarterly earnings of 0.06pershare,reflectingayearoveryearincreaseof1500.06 per share, reflecting a year-over-year increase of 150%, while revenues are expected to decline by 5.9% to 119.02 million [1] Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the last 30 days, indicating stability in analysts' forecasts [2] - Revisions to earnings projections are crucial for predicting investor behavior and short-term stock performance [3] Revenue Projections - Total segment revenue for North America is projected to reach 90.21million,showingayearoveryeardeclineof590.21 million, showing a year-over-year decline of 5% [5] - Revenue from Local-International is expected to be 26.47 million, indicating a decrease of 1.6% from the previous year [5] - Total segment revenue for International is anticipated to be 29.00million,reflectingan8.129.00 million, reflecting an 8.1% year-over-year decline [5] Specific Revenue Metrics - Revenue from Goods-North America is projected at 2.90 million, down 23.8% from the year-ago quarter [6] - Revenue from Goods-International is expected to be 1.54million,indicatingasignificantdeclineof49.61.54 million, indicating a significant decline of 49.6% [6] - Revenue from Local-North America is forecasted to be 83.25 million, reflecting a year-over-year change of -6% [6] Stock Performance - Over the past month, Groupon shares have returned +3.7%, outperforming the Zacks S&P 500 composite's +3.2% change [7] - Groupon holds a Zacks Rank 2 (Buy), suggesting it is likely to outperform the overall market in the upcoming period [7]