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HomeBusinessOn May 10, 2023, Groupon is teasing strong Q1 earnings. Why is...

On May 10, 2023, Groupon is teasing strong Q1 earnings. Why is it important?

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Shutterstock Evan Lorne

The Q1 quarter of Groupon, Inc. (NASDAQ: GRPN) will be made public on May 10, 2023, following the closure of market trading. At 5:00 PM ET, the business will also hold a conference call to discuss those results.

Consensus estimates for both EPS and revenue are -$0.65 (+18.8% Y/Y) and $134.92M (-12.0% Y/Y), respectively.
63% of the time over the past two years, GRPN has outperformed EPS forecasts.

According to reports, Groupon Goods should start to generate positive cash flow in the fourth quarter of this year.

A webcast of the conference call can be accessed live at investor.groupon.com. A replay of the webcast will be available through the same link following the conference call, along with other published materials.

Etsy is currently trading at $93; Amazon (AMZN) is trending around $105, Target (TGT) is trending around $160.Wish is trading around $8 Groupon is trading currently at $3.50. Groupon can easily bounce back by the end of 2023 which makes it a better investment and buy opportunity for the savvy investor.

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