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Groupon Inc Issues Q3 2013 Guidance; Earnings Guidance Below Analysts' Estimates; Reaffirms FY 2013 EBIT Guidance


Wednesday, 7 Aug 2013 04:01pm EDT 

Groupon Inc announced that for third quarter of 2013, it expects revenue of between $585 million and $635 million, operating income excluding stock compensation and acquisition-related expenses of between $20 million and $40 million, and EPS excluding stock-compensation and acquisition related expenses, net of tax, of between negative $0.01 and positive $0.01. Stock compensation is expected to be approximately $30 million, or approximately $20 million net of tax. The outlook assumes no acquisitions or investments, or material changes in foreign exchange rates. The Company reaffirmed its guidance for fiscal 2013 GAAP operating income to exceed $100 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $621 million, EBIT of $57 million and EPS of $0.05 for third quarter of 2013. 

Company Quote

6.95
-0.205 -2.87%
15 Sep 2014