Company Performance - Scotts Miracle-Gro reported quarterly earnings of $2.59 per share, exceeding the Zacks Consensus Estimate of $2.19 per share, and up from $2.31 per share a year ago, representing an earnings surprise of +18.26% [1] - The company posted revenues of $1.19 billion for the quarter ended June 2025, which missed the Zacks Consensus Estimate by 3.48%, and is slightly down from $1.2 billion in the same quarter last year [2] - Over the last four quarters, Scotts has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Outlook - The immediate price movement of Scotts' stock will largely depend on management's commentary during the earnings call and the sustainability of earnings expectations [3][4] - Scotts shares have increased by approximately 2.3% since the beginning of the year, compared to an 8.3% gain in the S&P 500 [3] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is -$1.79 on revenues of $391.92 million, while for the current fiscal year, it is $3.52 on revenues of $3.47 billion [7] - The estimate revisions trend for Scotts was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Agriculture - Operations industry, to which Scotts belongs, is currently ranked in the bottom 13% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Scotts' stock may also be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]
Scotts Miracle-Gro (SMG) Surpasses Q3 Earnings Estimates