2024-03-12 21:44:04 ET
Summary
- Groupon's Q4 earnings report is expected to be released on March 15.
- The company's fundamental performance has been unattractive, with heavily adjusted metrics and uncertainty surrounding the turnaround.
- Groupon's share price has seen a resurgence, but its financial metrics, including margins and revenues, have been declining.
Introduction
Groupon ( GRPN ) will report Q4 earnings on the 15 th of March before the market opens. I wanted to look at how the company performed in the three quarters of 2023, and what to expect from Q4. The company is still rather unattractive fundamentally, and the use of heavily adjusted metrics puts me off from investing any money into the company, as the turnaround play is still riddled with a lot of uncertainty. The new management has a lot to prove still, and if the turnaround is unsuccessful, I wouldn’t be surprised if we don’t see the company around in five years....
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Groupon Q4 Earnings: Such A Long And Uncertain Road Ahead