Groupon(GRPN)

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Groupon, Inc. (GRPN) Is a Trending Stock: Facts to Know Before Betting on It
zacks.com· 2024-05-28 14:01
Groupon (GRPN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this online daily deal service have returned +41.1%, compared to the Zacks S&P 500 composite's +4.2% change. During this period, the Zacks Internet - Commerce industry, which Groupon falls in, has gained 3.5%. The key question now is: What could be the stock's future direction?Although media r ...
Investors Heavily Search Groupon, Inc. (GRPN): Here is What You Need to Know
zacks.com· 2024-05-17 14:01
Stock Performance - Groupon's stock has returned +68.9% over the past month, significantly outperforming the Zacks S&P 500 composite's +5% change and the Zacks Internet - Commerce industry's +5.5% gain [1] Earnings Estimates - Current quarter earnings estimate is a loss of $0.16 per share, representing a year-over-year change of -60% [2] - Current fiscal year consensus earnings estimate is $0.05, indicating a year-over-year change of +109.6% [3] - Next fiscal year consensus earnings estimate is $0.33, showing a year-over-year change of +560% [3] - Zacks Rank 1 (Strong Buy) assigned to Groupon based on earnings estimate revisions [3] Revenue Estimates - Current quarter consensus sales estimate is $123.83 million, representing a year-over-year change of -4.1% [5] - Current fiscal year revenue estimate is $539.26 million, indicating a year-over-year change of +4.7% [5] - Next fiscal year revenue estimate is $579.85 million, showing a year-over-year change of +7.5% [5] Recent Financial Performance - Last reported quarter revenues were $123.08 million, representing a year-over-year change of +1.2% [6] - Last reported quarter EPS was $0.06, compared to -$0.65 a year ago [6] - Revenue surprise of +3.98% compared to Zacks Consensus Estimate of $118.37 million [6] - EPS surprise of +133.33% in the last reported quarter [6] - Company has beaten consensus EPS estimates in each of the trailing four quarters [6] - Company has topped consensus revenue estimates three times over the last four quarters [6] Valuation - Groupon is graded C on the Zacks Value Style Score, indicating it is trading at par with its peers [9] - Valuation metrics suggest the stock is fairly valued compared to its peers [9]
Why Groupon Stock Exploded Higher Today
The Motley Fool· 2024-05-10 16:24
Groupon stock could be a turnaround in the making.Groupon (GRPN 27.43%) -- remember Groupon? It's apparently still a thing -- reported earnings last night, and investors are cheering the results. Shares of the online coupon site soared 22.2% through 10:20 a.m. ET Friday after the company missed on earnings, but beat on sales.The question is why.Heading into the Q1 2024 report, analysts forecast Groupon would earn $0.05 per share on sales of $121.6 million. As it turned out, sales were better than expected a ...
Groupon (GRPN) Q1 Earnings and Revenues Beat Estimates, Up Y/Y
Zacks Investment Research· 2024-05-10 15:36
Groupon (GRPN) reported non-GAAP earnings of 6 cents per share in the first quarter of 2024, beating the Zacks Consensus Estimate of a loss of 18 cents per share. The company reported a non-GAAP loss of 65 cents per share in the year-ago quarter.Revenues of $123.1 million beat the consensus estimate by 4%. The figure increased 1% on a year-over-year basis (up 1%, excluding the foreign exchange effect).Region-wise, North America revenues of $94.1 million beat the consensus mark by 10.7% and rose 5.5% year ov ...
Groupon(GRPN) - 2024 Q1 - Earnings Call Presentation
2024-05-09 23:52
Groupon 1st Quarter Earnings May 9th, 2024 Agenda Dusan Senkypl CEO ● CEO Commentary ● Financial Overview Jiri Ponrt ● Guidance CFO ● Q&A Rana Kashyap SVP, Corp Dev & IR ...
Groupon(GRPN) - 2024 Q1 - Earnings Call Transcript
2024-05-09 23:52
Financial Data and Key Metrics Changes - In Q1 2024, Groupon reported global billings of $381 million, a decrease of approximately 4% year-over-year, while revenue increased by 1% year-over-year to $123 million, exceeding guidance [27][28] - Adjusted EBITDA was positive $20 million, marking the fourth consecutive quarter of positive adjusted EBITDA, with the last twelve months adjusted EBITDA reaching $80 million, a $93 million increase from the previous year [28][29] - The company ended the quarter with $159 million in cash and cash equivalents, excluding $30 million of restricted cash [29] Business Line Data and Key Metrics Changes - North America Local and Travel categories saw a combined revenue increase of 8% year-over-year, representing 74% of total business in Q1 [7][8] - Consolidated local billings were $316 million, flat compared to the prior year, with North America local billings up 4% year-over-year [30] - The Travel category experienced consolidated billings of $36 million, up 2% year-over-year, with North America travel billing growth of 30% year-over-year [30] Market Data and Key Metrics Changes - Active customers worldwide totaled approximately 16 million, down 0.4 million from the prior quarter, with a slight decline in North America [29] - International local billings were down 9% year-over-year, indicating challenges in that segment [30] Company Strategy and Development Direction - The company is focused on a transformation plan aimed at stabilizing revenue and driving profitable growth, with an emphasis on improving customer and merchant experiences [8][18] - Groupon is shifting from quantity to quality by removing low-quality deals and enhancing deal content using AI [19] - The company aims to increase the number of bookable deals, particularly in the Travel category, to improve customer experience and drive sales [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the transformation plan, noting that while challenges remain, there is a positive trajectory towards sustained growth [17][21] - The company anticipates that technical issues affecting performance will be resolved, with expectations for revenue growth in the second half of 2024 [37] - Management reiterated the importance of building a motivated performance-driven team to achieve long-term goals [22][26] Other Important Information - Groupon has taken steps to improve liquidity, including the sale of non-core assets and a successful rights offering [34] - The company is facing a tax assessment issue in Italy, which has temporarily paused local voucher sales in that market [35] Q&A Session Summary Question: Progress on increasing frequency of Groupon as a gift and making the platform more merchant-friendly - Management highlighted improvements in merchant dashboards to enhance visibility on promotional activities, which were previously lacking [40] - Focus remains on enhancing gifting options for the upcoming Q4 season [41] Question: Disparity between North America and international travel performance - Management noted better connectivity in North America as a key factor, with plans to implement improvements in international markets [44] Question: Incremental investments for platform growth - Management emphasized the need to focus on quality merchants and improving deal structures rather than increasing the number of merchants [48] - Competitive advantages include a performance-based model where merchants pay only for delivered customers [50]
Groupon (GRPN) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-09 23:51
Groupon (GRPN) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to loss of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 133.33%. A quarter ago, it was expected that this online daily deal service would post a loss of $0.11 per share when it actually produced earnings of $0.30, delivering a surprise of 372.73%.Over the last four quarte ...
Groupon: American Consumers Are Spending More on Experiences, Less on Products
PYMNTS· 2024-05-09 21:55
As consumers step up their spending on travel and on local experiences, Groupon noted, they are pulling back on buying products. The eCommerce marketplace shared in an investor presentation accompanying its first-quarter 2024 financial results Thursday (May 9) that, with the exception of its “Goods” business — which sells retail products — its North American segment, which accounts for the bulk of the business, saw +8% year-over-year growth. Conversely, gross billings from goods were down 36% year over year ...
Groupon(GRPN) - 2024 Q1 - Quarterly Results
2024-05-09 20:09
Groupon Reports First Quarter 2024 Results Dusan Senkypl named permanent Chief Executive Officer First Quarter results above the high-end of guidance Reports consolidated revenue growth for the first time since 2016 Excluding Goods category, North America segment revenues grew 8% compared to prior year • Global revenue of $123.1 million • Global billings of $381.1 million • Net loss of $11.5 million • Adjusted EBITDA of $19.5 million • Exited Q1 with $158.7 million in cash CHICAGO - May 9, 2024 - Groupon, I ...
Groupon(GRPN) - 2024 Q1 - Quarterly Report
2024-05-09 20:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 1-35335 Groupon, Inc. (Exact name of registrant as specified in its charter) Delaware 27-0903295 (State or other jurisdiction ...