Scotts Miracle-Gro (SMG) Reports Q4 Loss, Tops Revenue Estimates

Scotts Miracle-Gro (SMG) came out with a quarterly loss of $2.31 per share versus the Zacks Consensus Estimate of a loss of $1.94. This compares to loss of $2.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -19.07%. A quarter ago, it was expected that this lawn and garden products company would post earnings of $1.89 per share when it actually produced earnings of $2.31, delivering a surprise of 22.22%.Over the last four qu ...