Scotts (SMG) Reports Q1 Earnings: What Key Metrics Have to Say

Scotts Miracle-Gro (SMG) reported $410.4 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 22.1%. EPS of -$1.45 for the same period compares to -$1.02 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $423.25 million, representing a surprise of -3.04%. The company delivered an EPS surprise of +10.49%, with the consensus EPS estimate being -$1.62.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...