ScottsMiracle-Gro Reports Strong First Quarter Results; Announces Minority Investment in Bonnie Plants Related to ‘Project Focus’

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Go back to ScottsMiracle-Gro Reports Strong First Quarter Results; Announces Minority Investment in Bonnie Plants Related to ‘Project Focus’

Scotts Miracle-Gro (SMG) Tops Q1 EPS by 1c; Reaffirms

February 2, 2016 7:05 AM EST

Scotts Miracle-Gro (NYSE: SMG) reported Q1 EPS of ($1.13), $0.01 better than the analyst estimate of ($1.14). Revenue for the quarter came in at $245.7 million versus the consensus estimate of $230.26 million.

GUIDANCE:

Scotts Miracle-Gro reaffirms FY2016 EPS of $3.75-$3.95, versus the consensus of $3.85. The... More