StockNews.AISignal intelligence

Public signal · 1-minute delayed

Signal brief

Source-backed market context you can read and share without an account.

SMGBearishEarningsnews
Materiality pending

Scotts (SMG) Reports Q2 Earnings: What Key Metrics Have to Say

May 1, 2024, 10:38 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Scotts Miracle-Gro reported $1.53 billion revenue, down 0.4% from last year. - EPS was $3.69 compared to $3.78 in the previous year. - Net sales varied for different segments, including a significant drop for Hawthorne. - Stock has returned -5.2% over the last month with a Zacks Rank #3 (Hold). - Comparing metrics to analyst estimates can help project stock price performance. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Scotts Miracle-Gro reported $1.53 billion revenue, down 0.4% from last year.
  • EPS was $3.69 compared to $3.78 in the previous year.
  • Net sales varied for different segments, including a significant drop for Hawthorne.
  • Stock has returned -5.2% over the last month with a Zacks Rank #3 (Hold).
  • Comparing metrics to analyst estimates can help project stock price performance.

How to read this signal

Transparent limits for an AI-generated research aid

StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.