Urban-gro's Q2 2024 EPS forecast does not currently have a comparable historical trend. Here's an analysis based on the available data:
- No Data on Q2 2024 EPS Forecast: There is no available data or forecast for UGRO's Q2 2024 EPS1.
- Historical Performance: The most recent data from Q1 2024 shows an EPS of -$0.12, which was better than the analyst estimate of -$0.172. This indicates a recent improvement in performance.
- Trend Analysis: Looking at the historical trend, UGRO's EPS has fluctuated significantly. For instance, in Q4 2023, the EPS was -$0.34, missing the estimate of -$0.133. In contrast, the Q1 2024 EPS of -$0.12 was an improvement over the Q4 2023 performance.
- Comparison with Revenue: Urban-gro's revenue has shown a slight increase, with Q1 2024 revenue beating the estimate by 2.73%2. This suggests a positive outlook for the company's top line, which could potentially lead to improved EPS in the future if cost management aligns.
- Analyst Expectations: Analysts estimate an EPS of -$0.13 for Q2 20244, which is more negative than the Q1 2024 EPS. This indicates a potential challenge for UGRO to beat expectations in Q2 2024.
In conclusion, Urban-gro's Q2 2024 EPS forecast does not have a direct comparison with past trends due to the unavailability of data. However, the recent improvement in EPS from Q4 2023 to Q1 2024 and the positive revenue outlook suggest that UGRO is heading in the right direction. The company will need to continue this trend and potentially improve cost management to achieve better EPS in Q2 2024.
4/3/2025 06:38am
