GrowGeneration (OTCMKTS:GRWG) issued its quarterly earnings data on Friday. The company reported ($0.02) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.02), Morningstar.com reports. The firm had revenue of $8.41 million for the quarter, compared to analyst estimates of $9.37 million. GrowGeneration had a negative return on equity of 28.02% and a negative net margin of 19.80%.
Shares of GRWG stock traded down $0.27 during trading hours on Friday, reaching $3.85. The company’s stock had a trading volume of 90,512 shares, compared to its average volume of 121,005. The firm has a market cap of $114.46 million and a P/E ratio of -21.39. GrowGeneration has a one year low of $1.75 and a one year high of $20.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 7.28 and a current ratio of 10.38.
TRADEMARK VIOLATION NOTICE: This piece of content was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this piece of content can be accessed at https://sportsperspectives.com/2018/11/10/growgeneration-grwg-posts-earnings-results-meets-expectations.html.
GrowGeneration Company Profile
Featured Article: What are the most popular ETFs
Receive News & Ratings for GrowGeneration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GrowGeneration and related companies with MarketBeat.com's FREE daily email newsletter.