Groupon Inc (NASDAQ:GRPN) will come up with its second quarter results on August 7, and analysts Mark S. Mahaney and Andre Sequin from RBC Capital Markets expect the company to post revenues of $594 million, Consolidated Segment Operating Income (CSOI) of $34 million and GAAP EPS of $(0.04).

Groupon

RBC Capital estimates vs. consensus vs. guidance

Revenue estimate from RBC Capital analysts is marginally below the consensus estimate of $606 million. Revenue estimate is also very near to the midpoint of the company’s guidance while CSOI estimate falls in the upper range of the guidance provided by Groupon Inc (NASDAQ:GRPN). GAAP EPS estimate from RBC Capital is marginally lower than the consensus estimate of $(0.03).

U.S. vs. global data points

According to a data from comScore, for the second quarter, average Unique Visitors for U.S. were up 7 percent year over year against a decline of 1 percent in the first quarter. Growth in average Total Page Views for U.S. declined to 42 percent compared to 46 percent in the first quarter

Globally, average Unique Visitosr were up 9 percent year over year versus a decline of 1 percent in the last quarter. Also, growth in the Global Total Page View was up 17 percent compared from 14 percent in the previous quarter.

Items to watch for

For the second quarter, analysts believe updates on the revenue, CSOI, EPS and guidance will be worth watching.

The report expects third-party revenue growth to show some improvement while the mix between direct and third-party revenue is expected to remain stable for the second quarter. The mix, which signifies the relationship between Groupon Inc (NASDAQ:GRPN)’s own goods and third party offerings, is important to analyze margins.

CSOI margins are expected to decline to 5 .8 percent from 8.5 percent in the previous quarter, primarily due to an increase in the marketing budget.

Groupon missing permanent CEO

According to recent reports, the management team of the company may be “gelling” but the company does not have a permanent CEO. The North America market does have some good news for Groupon Inc (NASDAQ:GRPN) like a good unit growth in mobile, but in totality the picture might not be so good, as fundamentals are getting weak. Analysts believe that Local Internet TAM is a good opportunity, but it lacks a leader. Groupon may emerge as the leader but “it’s still too early/risky to tell” says the report.

RBC Capital Markets reiterates a SectorPerform rating with a price target of $6 for Groupon Inc (NASDAQ:GRPN).