Benzinga | Aug 5, 2021 04:15PM EDT

Groupon Q2 EPS $(0.12) May Not Compare To $(0.03) Estimate, Sales $265.96M Beat $242.47M Estimate

Groupon (NASDAQ:GRPN) reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $(0.03) by 300 percent. This is a 87.1 percent increase over losses of $(0.93) per share from the same period last year. The company reported quarterly sales of $265.96 million which beat the analyst consensus estimate of $242.47 million by 9.69 percent. This is a 32.78 percent decrease over sales of $395.65 million the same period last year.