ScottsMiracle-Gro Reports Strong First Quarter Results; Company-wide Sales Increase 27% Due to Acquisitions, Strong U.S. Demand

Go back to ScottsMiracle-Gro Reports Strong First Quarter Results; Company-wide Sales Increase 27% Due to Acquisitions, Strong U.S. Demand

Scotts Miracle-Gro (SMG) Posts Smaller-than-Expected Q1 Loss; Guides In-Line

January 31, 2017 7:01 AM EST

Scotts Miracle-Gro (NYSE: SMG) reported Q1 EPS of ($0.96), $0.29 better than the analyst estimate of ($1.25). Revenue for the quarter came in at $246.8 million versus the consensus estimate of $232.93 million.

GUIDANCE:

Scotts Miracle-Gro sees FY2017 EPS of $4.10-$4.30, versus the consensus of... More