Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. It also provides deals on products for which it acts as the merchant of record. The company offers deals in various categories, including food and drink, events and activities, beauty and spa, health and fitness, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It offers its deal offerings to customers through Websites; search engines; and mobile applications and mobile browsers, which enable consumers to browse, purchase, manage, and redeem deals on their mobile devices, as well as sends emails to its subscribers with deal offerings that are targeted by location and personal preferences. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. Groupon, Inc. was founded in 2008 and is headquartered in Chicago, Illinois.
Reported after close today (4/28/16) Earnings: EPS -$0.01 Revenue $732M Estimates: EPS -$0.02 Revenue $717.59M Down 0.68% in after hours so far
Filled the gap set earlier in the year (2016) on the BABA news. Back above all key MAs but in a downtrend. Earnings will pretty much set the stage for the move we'll get over the next 6 months. Needs to hold $3.50~ to have any chance of fetching higher prices. Consumers are actually moving towards liquidation flash sale sites like Groupon to purchase every day essentials. Maybe a Twitter may pony up the cash to buy GRPN and integrate to its platform to drive an increase in revenue sometime in the near future? It would make sense if they goal is to drive ad spending. On watch.
Analyst Upgrade/Downgrade Update Brokerage firm: Wedbush Change: Upgrade Previous Rating: Neutral Current Rating: Outperform Previous Price Target: $4.50 Current Price Target: $6.50
Reported after close today (10/26/16) Earnings: EPS -$0.01 Revenue $720.5M Estimates: EPS -$0.02 Revenue $710.47M Down 11.03% after hours so far
Up over 11% on an earnings beat Groupon (GRPN) Tops Q4 EPS by 4c Source: http://www.streetinsider.com/Earnings/Groupon+(GRPN)+Tops+Q4+EPS+by+4c/12553317.html
$GRPN at $5.53 a share, it would be 1 x sales. Lol. Still quite a penalty & insult for a share price compared to other retail like"sale" doh
