Recap: Scotts Miracle Gro Q2 Earnings

Scotts Miracle Gro SMG reported its Q2 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

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

Earnings

Scotts Miracle Gro beat estimated earnings by 9.25%, reporting an EPS of $3.78 versus an estimate of $3.46.

Revenue was down $146.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.3 which was followed by a 4.22% increase in the share price the next day.

Here's a look at Scotts Miracle Gro's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate -1.32 -1.99 1.89 4.75
EPS Actual -1.02 -2.04 1.98 5.03
Revenue Estimate 501.02M 512.58M 1.23B 1.66B
Revenue Actual 526.60M 493.60M 1.19B 1.68B

To track all earnings releases for Scotts Miracle Gro visit their earnings calendar here.

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

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