Groupon Seen Swinging To Profit On Strong Holiday

By | February 19, 2014

Scalper1 News

Daily deals website Groupon (GRPN) is expected to have swung to a profit in Q4, as the company attempts to revitalize its business with new offerings. Analysts expect the Chicago-based company to report EPS ex items of 2 cents vs. a penny loss in the year-earlier period, according to Thomson Reuters. Analysts see a net loss of 2 cents per share. Sales are expected to rise 12.5% to $718 million. Groupon is attempting a transition from an Scalper1 News

Scalper1 News