The Scotts Miracle-Gro Company (NYSE:SMG) manufacturer of lawn and garden products, is reporting fourth quarter earnings results on Wednesday 4th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.09 per share.
For the full year, analysts predict revenues of $ 4129.27 million, while looking forward to income of $ 7.25 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 4,103.00 million ~ $ 4,103.00 million, where as bottomline are predicted in a range of $ 7.25 ~ $ 7.25 per share
Click Here For More Historical Outlooks Of The Scotts Miracle-Gro Company
Previous Quarter Performance
The Scotts Miracle-Gro Company disclosed income for the third quarter of $ 3.80 per share, from the revenue of $ 1,493.00 million. The quarterly earnings swell 22.19 percent while revenues increased 27.57 percent compared with the same quarter last year.
Wall street analysts are predicting, SMG to report 3Q20 income of $ 3.37 per share from revenue of $ 1305.53 million. The bottom line results beat street analysts by $ 0.43 or 12.76 percent, at the same time, top line results outshined analysts by $ 187.47 million or 14.36 percent.
Stock Performance
Shares of The Scotts Miracle-Gro Company traded up $ 2.68 or 1.73 percent on Tuesday, reaching $ 158.02 with volume of 477.60 thousand shares. The Scotts Miracle-Gro Company has traded high as $ 159.46 and has cracked $ 154.38 on the downward trend
According to the previous trading day, closing price of $ 158.02, representing a 103.06 % increase from the 52 week low of $ 76.50 and a 11.78 % decrease over the 52 week high of $ 176.08.
The company has a market capital of $ 8.81 billion and is part of the Basic Materials sector and Agricultural Inputs industry.
Conference Call
The Scotts Miracle-Gro Company will be hosting a conference call at 9:00 AM eastern time on 4th November 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.scotts.com
The Scotts Miracle-Gro Company manufactures, markets, and sells consumer lawn and garden products in the United States and internationally. The company operates through three segments: U.S. Consumer, Hawthorne, and Other.
