Earnings Preview For Scotts Miracle Gro

Scotts Miracle Gro SMG announces its next round of earnings this Tuesday. Here's Benzinga's look at Scotts Miracle Gro's Q2 earnings report.

Earnings and Revenue

Sell-side analysts expect Scotts Miracle Gro's EPS to be near $3.44 on sales of $1.12 billion.

Sales would be down 6.98 percent on a year-over-year basis. Scotts Miracle Gro's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate -0.93 -0.34 2.51 2.9
EPS Actual -1.08 -0.26 2.63 2.78

 

Stock Performance

Over the past 52-week period, shares of Scotts Miracle Gro have declined 13.16 percent. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on Scotts Miracle Gro stock is a Sell. The strength of this rating has maintained conviction over the past three months.

Conference Call

Scotts Miracle Gro's Q2 conference call is scheduled to begin at 9:00 a.m. ET and can be accessed here: http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-calendar

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