Scotts Miracle-Gro (SMG) Reports Q3 Miss; Boosts Qtr. Dividend to 30c/Share; Cuts FY11 Outlook
Scotts Miracle-Gro (NYSE: SMG) reported Q3 EPS of $1.91, $0.29 worse than the analyst estimate of $2.20. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.11 billion.
Raises its quarterly dividend from 25c to 30c per common share.
Sees FY2011 EPS of $2.95-$3.05, versus prior guidance of $3.10-$3.20 and the consensus of $3.15.
Raises its quarterly dividend from 25c to 30c per common share.
Sees FY2011 EPS of $2.95-$3.05, versus prior guidance of $3.10-$3.20 and the consensus of $3.15.