Scotts Miracle-Gro (SMG) Declares $0.50 Quarterly Dividend; 2.1% Yield

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Go back to Scotts Miracle-Gro (SMG) Declares $0.50 Quarterly Dividend; 2.1% Yield

UPDATE: Scotts Miracle-Gro (SMG) Misses Q2 EPS by 12c, Miss on Revenues; Receives $250M Binding Offer for European and Australian Consumer Operations

May 2, 2017 7:35 AM EDT

(Updated - May 2, 2017 7:40 AM EDT)

Scotts Miracle-Gro (NYSE: SMG) reported Q2 EPS of $2.78, $0.12 worse than the analyst estimate of $2.90. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.28 billion.

Highlights:

Q2 GAAP EPS of $2.73 versus $3.64; Non-GAAP Adjusted EPS... More