A month has gone by since the last earnings report for Scotts Miracle-Gro (SMG) . Shares have added about 15.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Scotts due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Scotts Miracle-Gro’s Q1 Earnings Top Estimates, S ...

MARYSVILLE, Ohio, March 07, 2024 (GLOBE NEWSWIRE) -- Developed through The Scotts Miracle-Gro Foundation and The Hagedorn Legacy Foundation, The Legacy Project is proud to welcome its fourth cohort for the class of 2027. Its mission is to empower youth, through possibility thinking and innovative problem-solving, for greater personal freedom, social mobility, and the betterment of their communities. This is the largest Legacy cohort to date with 29 students who attend Whitehall City Schools in Columbus, Ohi ...

MARYSVILLE, Ohio, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE:SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will participate in fireside chats at the Raymond James & Associates 45th Annual Institutional Investors Conference on Monday, March 4, and the UBS Global Consumer and Retail Conference on Wednesday, March 13, 2024. At the Raymond James conference in Orlando, Florida, Chief Financial and Administrati ...

The Scotts Miracle-Gro Company (SMG) reported a first-quarter fiscal 2024 (ended Dec 31, 2023) loss of $80.5 million or $1.42 per share compared with a loss of $64.7 million or $1.17 per share in the year-ago quarter.Barring one-time items, the adjusted loss was $1.45 per share, wider than a loss of $1.02 a year ago. The figure was narrower than the Zacks Consensus Estimate of a loss of $1.62.Net sales fell around 22% year over year to $410.4 million and also lagged the consensus mark of $423.3 million. Due ...

The Scotts Miracle-Gro Company (NYSE:SMG) Q1 2024 Earnings Conference Call February 7, 2024 9:00 AM ET Company Participants Aimee DeLuca - Senior Vice President of Investor Relations Jim Hagedorn - Chairman, President, & Chief Executive Officer Matt Garth - Chief Financial & Administrative Officer Nate Baxter - Chief Operating Officer Chris Hagedorn - Group President, Hawthorne Conference Call Participants Joe Altobello - Raymond James Andrew Carter - Stifel Jon Andersen - William Blair Chris Carey - Wells ...

Scotts Miracle-Gro (SMG) reported $410.4 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 22.1%. EPS of -$1.45 for the same period compares to -$1.02 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $423.25 million, representing a surprise of -3.04%. The company delivered an EPS surprise of +10.49%, with the consensus EPS estimate being -$1.62.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...

Scotts Miracle-Gro (SMG) came out with a quarterly loss of $1.45 per share versus the Zacks Consensus Estimate of a loss of $1.62. This compares to loss of $1.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.49%. A quarter ago, it was expected that this lawn and garden products company would post a loss of $2.83 per share when it actually produced a loss of $2.77, delivering a surprise of 2.12%.Over the last four quarters ...

Restructuring (Non- GAAP) 95.7 20.1% Income tax benefit 31.4% (0.15) Calculation of Adjusted EBITDA: (80.5) S (29.6) 42.7 17.5 7.7 Equity in loss of unconsolidated affiliates Interest income 20.9 Adjusted EBITDA (Non-GAAP) Year Ended September 30, 2019 2016 $ (129.0) $ 226.8 Investments in property, plant and equipment (42.4) (58.3) $ 185.7 19 ● During fiscal 2022, the Company began implementing a series of organizational changes and initiatives intended to create operational and management-level efficienci ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________ FORM 10-Q _________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 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: 001-11593 ____________________________________ The S ...

The upcoming report from Scotts Miracle-Gro (SMG) is expected to reveal quarterly loss of $1.51 per share, indicating a decline of 48% compared to the year-ago period. Analysts forecast revenues of $432.42 million, representing a decrease of 17.9% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a comp ...