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Shares of The Scotts Miracle Gro (NYSE:SMG) moved higher by 1.7% in pre-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share rose 106.59% over the past year to $0.06, which missed the estimate of $0.09.
Revenue of $890,300,000 rose by 78.88% from the same period last year, which beat the estimate of $889,140,000.
Outlook
The Scotts Miracle Gro hasn't issued any earnings guidance for the time being.
The Scotts Miracle Gro hasn't issued any revenue guidance for the time being.
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Date: Nov 04, 2020
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/tdbnzc2s
Price Action
Company's 52-week high was at $176.08
52-week low: $76.50
Price action over last quarter: Up 2.38%
Company Description
Scotts Miracle-Gro is the largest provider of gardening and lawncare products in the United States. The majority of the company's sales are to large retailers that include Home Depot, Lowe's, and Walmart. Scotts Miracle-Gro can sell its products at a higher price point than its competition because of a well-recognized portfolio of brands that include Miracle-Gro, Roundup, Ortho, Tomcat, and Scotts. Scotts is also the leading supplier of cannabis-growing equipment in North America through its Hawthorne business.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.