Scotts: Fiscal Q4 Earnings Snapshot

MARYSVILLE, Ohio (AP) — MARYSVILLE, Ohio (AP) — Scotts Miracle-Gro Co. (SMG) on Wednesday reported a loss of $468.4 million in its fiscal fourth quarter.

On a per-share basis, the Marysville, Ohio-based company said it had a loss of $8.33. Losses, adjusted for restructuring costs and non-recurring costs, were $2.77 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $2.83 per share.

The lawn and garden products company posted revenue of $374.5 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $331.2 million.

For the year, the company reported a loss of $380.1 million, or $6.79 per share. Revenue was reported as $3.55 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMG at https://www.zacks.com/ap/SMG