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home / news releases / GRWG - GrowGeneration Q3 2021 Earnings Preview

GRWG - GrowGeneration Q3 2021 Earnings Preview

GrowGeneration Corp.
GrowGeneration (NASDAQ:GRWG) is scheduled to announce Q3 earnings results on Thursday, November 11th, before market open. The consensus EPS Estimate is $0.09 and the consensus Revenue Estimate is $115.05M (+109.1% Y/Y). In mid-October, the company made a strategic investment in controlled environment agriculture engineering and manufacturing company Total Grow Center. Also, while terminating its asset purchase agreement with HGS Hydro, the company pre-announced Q3 revenue guidance of $114 to $116M, lower than consensus of $123.1M which is now further lowered to $115.05M. Q4 revenue guidance is seen $110M and $120M lower than analysts consensus of $116.39M. Over the last 1 year, GRWG has beaten EPS estimates 75% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 5 downward. Revenue estimates have seen 0 upward revisions and 6 downward.

For further details see:

GrowGeneration Q3 2021 Earnings Preview
Stock Information
Company Name: GrowGeneration Corp.
Stock Symbol: GRWG
Market: NASDAQ
Website: growgeneration.com
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