Investors Ride 3 Earnings Rollercoaster Rides

The Scotts Miracle-Gro Co. (NYSE:SMG) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. Net loss decreased -7.58% to $68.3 million ($1.12 per diluted share) in the quarter versus a net loss of $73.9 million in the year-earlier quarter. Revenue decreased 2.56% to $205.8 million from the year-earlier quarter.

The Scotts Miracle-Gro Co. reported adjusted net loss of $1.12 per share. It beat the average revenue estimate of $199.65 million.

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SMG

Arcelor Mittal (NYSE:MT) had a loss, AND came up short on beating the revenue expectation. Net loss increased 299% to $3.99 billion ($2.58 per diluted share) in the quarter versus a net loss of $1 billion in the year-earlier quarter. Revenue decreased 14.03% to $19.3 billion from the year-earlier quarter.

Arcelor Mittal reported adjusted net loss of $2.58 per share. It missed the average revenue estimate of $19.74 billion.

Markets are off to the races and this stock is on fire. Click here to discover it now!

MT

Sensient Technologies Corporation (NYSE:SXT) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Net income decreased -4.86% to $27.2 million (55 cents per diluted share) in the quarter versus a net gain of $28.59 million in the year-earlier quarter. Revenue rose 4.65% to $356.2 million from the year-earlier quarter.

Sensient Technologies Corporation reported adjusted net income of 55 cents per share. By that measure, the company missed the mean analyst estimate of $0.61. It beat the average revenue estimate.

Markets are off to the races and this stock is on fire. Click here to discover it now!

STX

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