Groupon Announces First Quarter 2015 Results
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Evercore ISI Says Groupon (GRPN) Remains in 'Investment Mode'; Remains on the Sidelines
May 6, 2015 12:20 PM EDTEvercore ISI reiterates their Hold rating on Groupon, Inc. (NASDAQ: GRPN) and lowers the target price to $7.50 (from $8) after an in-line quarter. The price reduction is in anticipation for the strengthening F/X headwind that had more an effect on the 2Q guide... More
RBC Capital Remains Cautious After Groupon (GRPN) Q1 Results
May 6, 2015 10:57 AM EDTRBC Capital Markets maintain their Sector Perform rating on Groupon, Inc. (NASDAQ: GRPN) with a price target set at $8. This comes after solid Q1 results, that showed revenue up 10%, and EBITDA in-line with RBC, yet, ahead of consensus. GRPN reiterated its guidance for 25%... More
Sterne Agee CRT Says Groupon (GRPN) Had 'Fairly Good Quarter'
May 6, 2015 8:35 AM EDTSterne Agee CRT is reiterating their Buy rating on Groupon, Inc. (NASDAQ: GRPN) with their price target set at $12. Excluding any noise related to FX and the discontinuation of TMON, Groupon had a good quarter. With gross billings up 10% and rates improving by... More
Groupon (GRPN) Tops Q1 EPS by 2c
May 5, 2015 4:08 PM EDTGroupon (NASDAQ: GRPN) reported Q1 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $750.4 million versus the consensus estimate of $822.8 million.
Gross billings, which reflect the total dollar value of customer purchases of goods and services, increased to $1.6 billion in the first quarter 2015, compared with $1.5 billion in the first quarter 2014. Gross billings... More
