This story originally appeared on Zacks
Scotts Miracle-Gro (SMG) closed the most recent trading day at $151.06, moving -0.57% from the previous trading session. This move was narrower than the S&P 500’s daily loss of 0.91%. Elsewhere, the Dow lost 0.89%, while the tech-heavy Nasdaq added 0.4%.
Coming into today, shares of the lawn and garden products company had lost 14.11% in the past month. In that same time, the Basic Materials sector lost 0.72%, while the S&P 500 gained 1.55%.
Investors will be hoping for strength from Scotts Miracle-Gro as it approaches its next earnings release. In that report, analysts expect Scotts Miracle-Gro to post earnings of -$0.60 per share. This would mark a year-over-year decline of 253.85%. Our most recent consensus estimate is calling for quarterly revenue of $605.72 million, down 19.09% from the year-ago period.
Looking at the…