Recap: Groupon Q2 Earnings

Recap: Groupon Q2 Earnings

 

Groupon GRPN reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Groupon beat estimated earnings by 22.73%, reporting an EPS of $-0.34 versus an estimate of $-0.44.

Revenue was down $112.74 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.28 which was followed by a 12.52% drop in the share price the next day.

Here's a look at Groupon's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.52 0.19 0.07 -0.03
EPS Actual -0.80 0.18 0.38 0.33
Revenue Estimate 165.81M 223.53M 213.14M 242.47M
Revenue Actual 153.32M 223.16M 214.17M 265.96M

To track all earnings releases for Groupon visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews