Groupon Just Turned Ten Years Old and Beat Earnings Estimates, Analysts Review and Target
NEW YORK, NY / ACCESSWIRE / November 19, 2018 / Traders News Source, a leading independent equity research, and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Groupon, Inc. (GRPN), a company that operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America and internationally.
On November 7th, Groupon reported mixed third-quarter results as the company missed estimates on revenue, but it beat estimates for net profit. The firm's ongoing restructuring which includes less focus on the traditional voucher business is progressing a bit more slowly than expected. A decline in revenue from fewer vouchers was only partially offset by the faster growing card-linked offers made available through Groupon+ and online bookings of local events and services.
The new GRPN model, analysts review and price target in this full report READ MORE
Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/groupon/
The company is transitioning away from coupons and vouchers via the company's new card-linked products. Whereas users traditionally would print out a Groupon voucher and present it to a restaurant if they wished to receive a discounted meal, newer card-linked Groupon+ offers to allow people to register their credit cards in Groupon's system and get automatic discounts by using those cards at establishments where they've unlocked Groupon deals.
Recent financial data and company events in this full report READ MORE
Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/groupon/
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither TNS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://www.tradersnewssource.com.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
CONTACT: editor@tradersnewssource.com
SOURCE: Traders News Source
