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

Scotts Miracle-Gro (SMG) came out with a quarterly loss of $1.96 per share versus the Zacks Consensus Estimate of a loss of $1.88. This compares to a loss of $2.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.26%. A quarter ago, it was expected that this lawn and garden products company would post earnings of $2.19 per share when it actually produced earnings of $2.59, delivering a surprise of +18.26%.Over the last four ...