Scotts Miracle-Gro (SMG) Reports Q1 Loss, Tops Revenue Estimates

Scotts Miracle-Gro (SMG) came out with a quarterly loss of $0.89 per share versus the Zacks Consensus Estimate of a loss of $1.28. This compares to loss of $1.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 30.47%. A quarter ago, it was expected that this lawn and garden products company would post a loss of $1.94 per share when it actually produced a loss of $2.31, delivering a surprise of -19.07%.Over the last four quarte ...