Groupon Inc (GRPN) Earnings Preview: Weak Guidance Expected

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Groupon Inc (GRPN) Earnings Preview: Weak Guidance Expected
By GrouponRUS (Own work) [CC BY-SA 4.0], via Wikimedia Commons

Groupon Inc (NASDAQ:GRPN) is scheduled to release its next earnings report tomorrow after closing bell. Analysts aren’t really expecting any surprises from the daily deals giant’s first quarter results, although they say it’s possible that the company will guide for a weak second quarter because of a weaker industry and continued investments

What to expect in Groupon’s earnings report

In a report dated April 29, 2014, Ascendiant analyst Edward Woo said he expects Groupon Inc (NASDAQ:GRPN) will report losses of 2 cents per share on $751 million in revenue. Consensus estimates suggest losses of 3 cents per share on $738 million in revenue. The daily deals giant guided for revenue of between $710 and $760 million and losses of between 4 cents and 2 cents per share.