uploads///The Scotts Miracle Gro Company versus Benchmarks

Scotts Miracle-Gro: What to Expect from Its 2Q17 Earnings


Apr. 26 2017, Updated 10:35 a.m. ET

Scotts Miracle-Gro’s earnings

Scotts Miracle-Gro (SMG) is expected to report its 2Q17 earnings on May 2, 2017, before the market opens. Wall Street analysts estimate EPS (earnings per share) of $2.9, which would be 3% less than $3.0 in 2Q16. Before we dive deeper into the company’s earnings expectations, let’s recap on how the stock has done so far.

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Performance so far

As you can see in the above chart, Scotts Miracle-Gro comfortably outperformed the benchmarks. On a trailing 52-week basis, the company returned an impressive 36.3%. The iShares Basic Materials ETF (IYM) returned 15.3%, while the SPDR S&P 500 ETF (SPY) returned 13.5% during the same period.

To learn more about what drives Scotts Miracle-Gro’s business, read Before Investing in Scotts Miracle-Gro, Read This.

Scotts Miracle-Gro’s peer Seaboard (SEB) fell 10.9%, while Central Garden & Pet (CENT) rose 153.3%. Spectrum Brands Holdings (SPB) rose 29.4% during the same period.

Series overview

In this pre-earnings series, we’ll discuss analysts’ estimates for Scotts Miracle-Gro’s sales, margins, and earnings. Towards the end of this series, we’ll discuss Scotts Miracle-Gro’s valuation multiples compared to its peers.

In the next part, we’ll start with analysts’ sales estimates for the company.


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