Scotts Miracle Gro Q2 Adj. EPS $3.98 Beats $3.95 Estimate, Sales $1.42B Miss $1.50B Estimate

Scotts Miracle Gro (NYSE:SMG) reported quarterly earnings of $3.98 per share which beat the analyst consensus estimate of $3.95 by 0.76 percent. This is a 7.86 percent increase over earnings of $3.69 per share from the same period last year. The company reported quarterly sales of $1.42 billion which missed the analyst consensus estimate of $1.50 billion by 5.10 percent. This is a 6.82 percent decrease over sales of $1.52 billion the same period last year.