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Benzinga
Benzinga
Business
Randy Elias

Why Scotts Miracle-Gro Company Shares Are Falling

The Scotts Miracle-Gro Company (NYSE:SMG) shares are trading lower after the company cut its FY22 EPS guidance below analyst estimates. 

The company now expects 2022 earnings per share to be between $4.50 and $5.00 versus the consensus estimate of $7.01. The company also expects U.S. Consumer sales to decline 4 to 6 percent.

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