Benzinga | Nov 5, 2020 04:37PM EST

Groupon Q3 Adj. EPS $0.15 May Not Compare To $(0.91) Estimate, Sales $304.00M Miss $320.67M Estimate

Groupon (NASDAQ:GRPN) reported quarterly earnings of $0.15 per share which beat the analyst consensus estimate of $(0.91) by 116.48 percent. This is a 1400 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $304.00 million which missed the analyst consensus estimate of $320.67 million by 5.20 percent. This is a 38.66 percent decrease over sales of $495.61 million the same period last year.