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Grove Collaborative Hldgs (NYSE:GROV) reported its Q4 earnings results on Wednesday, March 6, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Grove Collaborative Hldgs missed estimated earnings by -17.0%, reporting an EPS of $-0.27 versus an estimate of $-0.23.
Revenue was down $14.18 million from the same period last year.
Last quarter the company missed on EPS by $0.16 which was followed by a 9.0% increase in the share price the next day.
Here's a look at Grove Collaborative Hldgs's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.31 | -0.4 | -0.45 |
| EPS Actual | -0.31 | -0.32 | -0.4 | -0.40 |
| Revenue Estimate | 66.10M | 63.44M | 69.95M | 69.00M |
| Revenue Actual | 61.75M | 66.11M | 71.56M | 74.04M |
To track all earnings releases for Grove Collaborative Hldgs visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: GROV
