Scotts Miracle-Gro (SMG) Tops Q3 Earnings Estimates

This quarterly report represents an earnings surprise of 22.22%. A quarter ago, it was expected that this lawn and garden products company would post earnings of $3.35 per share when it actually produced earnings of $3.69, delivering a surprise of 10.15%. Scotts, which belongs to the Zacks Fertilizers industry, posted revenues of $1.2 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.12%. This compares to year-ago revenues of $1.12 billion. The company has topped consensus r ...