Groupon (GRPN) Tops Q4 EPS by 4c, Maintains FY Revenue Guidance
Get Alerts GRPN Hot Sheet
Join SI Premium – FREE
Groupon (NASDAQ: GRPN) reported Q4 EPS of $0.04, $0.04 better than the analyst estimate of $0.00. Revenue for the quarter came in at $917.2 million versus the consensus estimate of $845.9 million.
Outlook
Groupon’s outlook for 2016 reflects current foreign exchange rates, as well as expected marketing investments, continued progress on increasing Shopping margins, and a reduction of our international footprint. We continue to expect revenue of between $2.75 and $3.05 billion for the full year, and we are increasing the company’s expected 2016 adjusted EBITDA range to between $80 million and $130 million. Moving forward, we are only providing annual Revenue and adjusted EBITDA guidance, which we will update quarterly.
For earnings history and earnings-related data on Groupon (GRPN) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Stride Inc. (LRN) Tops Q3 EPS by 17c, provides guidance
- Avangrid (AGR) Tops Q1 EPS by 19c
Create E-mail Alert Related Categories
Earnings, Guidance, Hot EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!