Scotts Miracle-Gro (SMG) Misses Q4 EPS by 8c, Offers FY19 Guidance

Scotts Miracle-Gro (NYSE: SMG) reported Q4 EPS of ($0.75), $0.08 worse than the analyst estimate of ($0.67). Revenue for the quarter came in at $433.9 million versus the consensus estimate of $441.1 million.

GUIDANCE:

Scotts Miracle-Gro sees FY2019 EPS of $4.10-$4.30, versus the consensus of $4.25.

• The Company also provided guidance for fiscal 2019 that includes projected sales growth of 10 to 11 percent.

For earnings history and earnings-related data on Scotts Miracle-Gro (SMG) click here.

You May Also Be Interested In

• onsemi downgraded by TD Cowen after Synaptics deal clouds growth story
• UBS Reiterates Neutral Rating on Scotts Miracle-Gro (SMG) as Cost Pressures to Persist
• KeyBanc lowers Nike rating to Sector Weight on near-term uncertainty