Insights Into Groupon (GRPN) Q3: Wall Street Projections for Key Metrics

Wall Street analysts forecast that Groupon (GRPN) will report quarterly earnings of $0.06 per share in its upcoming release, pointing to a year-over-year increase of 150%. It is anticipated that revenues will amount to $119.02 million, exhibiting a decline of 5.9% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.In light of this perspective, let's dive into the average estimates of certain Groupon metrics that are commonly tracked and forecasted by Wall Street analysts.The combined assessment of analysts suggests that 'Total segment revenue- North America' will likely reach $90.21 million. The estimate indicates a year-over-year change of -5%.Analysts forecast 'Revenue- Local- International' to reach $26.47 million. The estimate points to a change of -1.6% from the year-ago quarter.Based on the collective assessment of analysts, 'Total segment revenue- International' should arrive at $29.00 million. The estimate indicates a year-over-year change of -8.1%.It is projected by analysts that the 'Revenue- Goods- North America' will reach $2.90 million. The estimate points to a change of -23.8% from the year-ago quarter.Analysts expect 'Revenue- Goods- International' to come in at $1.54 million. The estimate points to a change of -49.6% from the year-ago quarter.According to the collective judgment of analysts, 'Revenue- Local- North America' should come in at $83.25 million. The estimate indicates a year-over-year change of -6%.View all Key Company Metrics for Groupon here>>>Over the past month, Groupon shares have recorded returns of +3.7% versus the Zacks S&P 500 composite's +3.2% change. Based on its Zacks Rank #2 (Buy), GRPN will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Groupon, Inc. (GRPN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks