Wall Street brokerages expect Groupon Inc (NASDAQ:GRPN) to report $0.03 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Six analysts have issued estimates for Groupon’s earnings. The highest EPS estimate is $0.06 and the lowest is $0.00. Groupon posted earnings of $0.02 per share during the same quarter last year, which suggests a positive year over year growth rate of 50%. The firm is expected to report its next quarterly earnings results on Friday, August 2nd.

On average, analysts expect that Groupon will report full-year earnings of $0.23 per share for the current fiscal year, with EPS estimates ranging from $0.15 to $0.27. For the next fiscal year, analysts expect that the company will post earnings of $0.26 per share, with EPS estimates ranging from $0.18 to $0.30. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Groupon.

Groupon (NASDAQ:GRPN) last announced its quarterly earnings data on Tuesday, April 30th. The coupon company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.05. Groupon had a negative net margin of 1.80% and a positive return on equity of 18.28%. The business had revenue of $578.40 million during the quarter, compared to analysts’ expectations of $552.97 million. During the same period in the previous year, the business posted $0.03 EPS. The business’s quarterly revenue was down 7.7% compared to the same quarter last year.

Several analysts have commented on the stock. BidaskClub cut shares of Groupon from a “hold” rating to a “sell” rating in a research note on Saturday. ValuEngine cut shares of Groupon from a “hold” rating to a “sell” rating in a research note on Friday, May 3rd. Finally, Zacks Investment Research cut shares of Groupon from a “hold” rating to a “sell” rating in a research note on Monday, April 8th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $4.32.

NASDAQ GRPN traded up $0.09 on Tuesday, hitting $3.53. 2,025,600 shares of the company’s stock traded hands, compared to its average volume of 5,116,751. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.60. Groupon has a 1-year low of $2.80 and a 1-year high of $5.52. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 39.22, a PEG ratio of 7.88 and a beta of 1.44.

In related news, Director Eric P. Lefkofsky sold 3,000,000 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $3.33, for a total value of $9,990,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 15.50% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of GRPN. TIAA CREF Investment Management LLC lifted its stake in shares of Groupon by 19.5% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 11,461,128 shares of the coupon company’s stock valued at $43,208,000 after purchasing an additional 1,871,669 shares during the period. Legal & General Group Plc increased its holdings in Groupon by 22.4% in the 3rd quarter. Legal & General Group Plc now owns 165,850 shares of the coupon company’s stock worth $625,000 after acquiring an additional 30,312 shares in the last quarter. Vanguard Group Inc. increased its holdings in Groupon by 8.0% in the 3rd quarter. Vanguard Group Inc. now owns 39,015,392 shares of the coupon company’s stock worth $147,088,000 after acquiring an additional 2,895,875 shares in the last quarter. Marshall Wace North America L.P. purchased a new stake in Groupon in the 3rd quarter worth $118,000. Finally, Nadler Financial Group Inc. purchased a new stake in Groupon in the 4th quarter worth $49,000. Hedge funds and other institutional investors own 69.89% of the company’s stock.

Groupon Company Profile

Groupon, Inc operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America and internationally. The company provides deals in various categories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as discounted and market rates for hotel, airfare, and package deals.

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Earnings History and Estimates for Groupon (NASDAQ:GRPN)

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