Tuesday, May 6, 2014

GRPN beats on Sales & EPS in Q1.....

GRPN is reporting the following :

Q1 Sales actual $757.60 million vs expectations of $738.40 million ...a beat by $19.20 million

Q1 EPA actual loss of 1 cents vs expectations of loss of 3 cents...a beat by 2 cents

Q2 guidance Sales $750 million vs expectations of $754.37 million..a miss by $4.37 million

Q2 guidance EPS of 1 cent vs expectations of 3 cents...a miss by 2 cents.....

GRPN is raising its full year outlook for adjusted EBITDA to exceed $300 million...

Conference call @ 5 PM

Bid $6.29 Ask $6.33, closed @ $6.72.....

BLOG does NOT give buy or sell.

Saleem

No comments: