Grove Collaborative (GROV) Set to Announce Quarterly Earnings on Tuesday

Grove Collaborative (NYSE:GROV) will be announcing its earnings results after the market closes on Tuesday, November 12th. Investors that wish to register for the company’s conference call can do so using this link.

Grove Collaborative (NYSE:GROV) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.28) EPS for the quarter. The business had revenue of $52.10 million during the quarter, compared to analysts’ expectations of $52.80 million. Grove Collaborative had a negative return on equity of 372.20% and a negative net margin of 14.41%.

Grove Collaborative Stock Performance

Shares of Grove Collaborative stock opened at $1.38 on Friday. The company has a current ratio of 3.88, a quick ratio of 2.92 and a debt-to-equity ratio of 107.00. The firm has a market capitalization of $53.76 million, a P/E ratio of -1.44 and a beta of 0.97. The business has a fifty day simple moving average of $1.34 and a two-hundred day simple moving average of $1.47. Grove Collaborative has a 12 month low of $1.19 and a 12 month high of $2.49.

Wall Street Analyst Weigh In

Separately, Telsey Advisory Group lowered their price objective on Grove Collaborative from $3.00 to $2.00 and set an “outperform” rating for the company in a research report on Friday, August 9th.

Grove Collaborative Company Profile

Grove Collaborative Holdings, Inc operates as a plastic neutral consumer products retailer in the United States. It offers household, personal care, beauty, and other consumer products through retail channels, third parties, direct-to-consumer platform, and mobile applications, as well as online store.