Groupon Inc (GRPN) is a worldwide e-commerce marketplace offers a wide variety of goods and services at a discounted price. The company offers deals in retail, health and beauty, food and drink, activities, events, and other services. The company was founded back in 2008 and is headquartered in Chicago, Illinois.

Currently, Groupon has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. We have highlighted some of the key statistics from this just announced report below.

Groupon:

1. Beat earnings estimates. The company posted $0.02 EPS, surpassing our Zacks Consensus Estimate of $-0.04 (this number excludes $0.06 from non-recurring items).

2. Missed revenue estimates. The company saw revenue figures of $713.6 million, missing our estimate of $730 million.

3. Posted gross profit of $328.9 million and operating cash flow of $316.4 million.
 
4. Announced that “Chief Operating Officer Rich Williams will assume the role of Chief Executive Officer. Outgoing CEO Eric Lefkofsky will once again serve as Chairman of the Board of Directors. Outgoing Chairman Ted Leonsis will now serve as Lead Independent Director.”

5. GRPN was up $0.02, or 0.50%, to $4.05 as of 5:04 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph that looks at Groupon’s quarterly EPS on a year-over-year basis:
 

Groupon Inc. (GRPN – Analyst Report) – Quarterly EPS | FindTheCompany