Why Groupon Earnings Are Taking Shares to a 3-Year Low

Gross profit slipped to $337.0 million from $366.4 million, while adjusted EBITDA rose to $61.1 million from $59.7 million. The score takes into account various measures of the Income Statement, Cash Flow Statement and Balance Sheet to achieve a ranking of A-F, where A indicates that the stock has the best growth characteristics likely to outperform the market.


The company also expects FY15 revenue of $3.15 billion to $3.3 billion, versus analysts’ expectations of $3.21 billion. The consensus analyst estimates according to First Call for the next quarter is 0.03.

Groupon Inc (NASDAQ:GRPN) lost -0.33 points in today trading session.

(NASDAQ:GRPN) shares increased 0.63% and was closed at $4.76. The stock was sold at an average price of $4.83, for a total transaction of $2,415,000.00.

In other news, Director Bradley A. Keywell sold 500,000 shares of the stock in a transaction dated Wednesday, July 8th.

Groupon Inc (NASDAQ:GRPN) and Cablevision Systems Corporation (NYSE:CVC) are scheduled to release their financial results for the second quarter of fiscal year 2015 (2QFY15). Morgan Stanley reiterated a “hold” rating on shares of Groupon in a research report on Thursday, July 16th. The coupon company reported $0.02 EPS for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.01, Market Beat reports.

The stock price is moving down from its 20 days moving average with -11.79% and isolated negatively from 50 days moving average with -17.93%.

For 2QFY15, expects Cablevision to report adjusted earnings per share (EPS) of $0.25, in-line with the Street.

Looking further ahead at the long term growth estimates for the firm, analysts are anticipating earnings per share of $-0.01 for the current year. The disclosure for this sale can be found here. Northland Securities restated a “market perform” rating and set a $7.00 price target on shares of Groupon in a research report on Friday, July 17th.

Sell-side firms use a variety of different terms such a Buy, Sell and Hold to rate their outlook on stocks. The stock has a 52-week high price of $8.43 and its 52-week low was recorded at $4.38, while it is trading in the range of $4.38- $4.63. The stock was sold at an average price of $5.35, for a total value of $1,337,500.00. The Company offers deals on goods and services in three groups: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Traveling). The Business operates through three segments: North America, which represents the Us and Canada; EMEA, which consists of Europe, the Middle East and Africa, and global operations (NASDAQ:GRPN). The Company’s Local class includes deals with local retailers, retailers that are national and local events.


Groupon’s big comeback most recently has been a result of branching out beyond discounted goods and deals to getting tied into the more eCommerce sites and local service markets. Its bargain offerings are obtained right through cellular applications its Websites and search engines.