Recently, Zacks.com users have been paying close attention to Groupon (GRPN). This makes it worthwhile to examine what the stock has in store.
Groupon's revenue fell in the second quarter. It is spending a bunch on marketing and is still unprofitable.
Groupon shares fell 16.8% following a mixed Q2 earnings report. A cloud migration project caused stability issues, leading to expensive outages and low guidance targets for the next quarter.
Groupon's (GRPN) second-quarter results reflect sluggishness in travel and goods markets. However, strong momentum across the local end-market was positive.
Groupon posted mixed second-quarter results after the market close on Tuesday. One analyst is lowering his price target on the stock, but it still represents more than 75% in near-term upside.
Groupon (GRPN) shares tumbled in premarket trading Wednesday, a day after the company reported an unexpected loss.
Groupon, Inc. (NASDAQ:GRPN ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Dusan Senkypl - CEO Jiri Ponrt - CFO Conference Call Participants Sean McGowan - Roth Capital Bobby Brooks - Northland Capital Pierre Riopel - Goldman Sachs Operator Hello, and welcome to Groupon Second Quarter 2024 Financial Results Conference Call. On the call today are CEO, Dusan Senkypl; CFO Jiri Ponrt, and SVP of Corporate Development and Investor Relations, Rana Kashyap.
While the top- and bottom-line numbers for Groupon (GRPN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Groupon (GRPN) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to loss of $0.10 per share a year ago.
Evaluate the expected performance of Groupon (GRPN) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Recently, Zacks.com users have been paying close attention to Groupon (GRPN). This makes it worthwhile to examine what the stock has in store.
In the latest trading session, Groupon (GRPN) closed at $17.46, marking a +1.04% move from the previous day.