Scotts Miracle-Gro (SMG) reported first quarter adjusted income from continuing operations of $1.60 per share after the close Monday, down from $2.13 per share last year. The consensus estimate was for EPS of $2.00. The company reaffirmed its expectations for fiscal 2013 adjusted earnings per share from continuing operations in the range of $2.50 to $2.75. The consensus estimate is for EPS of $2.61.
Scotts Miracle-Gro posted gains in early trade Tuesday and advanced further around mid-afternoon. Shares finished up by 1.86 at $48.42 on above average volume. The stock rose past resistance and set over an 11 1/2 month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.