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Thursday, November 3, 2016

Scotts Miracle-Gro (SMG) reported earnings on Thur 3 Nov 2016 (b/o)


** charts before earnings **





** charts after earnings **




Scotts Miracle-Gro misses by $0.02, beats on revs; guides FY17 EPS in-line, revs in-line:
  • Reports Q4 (Sep) loss of $0.30 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus of ($0.28); revenues rose 7.2% year/year to $402.3 mln vs the $369.95 mln Capital IQ Consensus.
  • Co issues in-line guidance for FY17, sees EPS of $4.10-4.30, excluding non-recurring items, vs. $4.29 Capital IQ Consensus Estimate; sees FY17 revs of $3.00-3.03 bln vs. $2.95 bln Capital IQ Consensus Estimate.

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