Groupon Inc. downwards rally - Adjusted EBITDA forecast concerns
Concern: Ken Sena of Evercore is skeptical of Groupon’s ability to achieve its 2014 adjusted EBITDA forecast of $270 million. As for an Investor like me it is more important to rely on forecasts based on quarterly reports as it is easier to judge and react on revised figures.
Based on the forecasts of the quarterly reports issued end of 2013 up to 2nd Quarter 2014 the forecasts for the Adjusted EBITDA was in each Quarter 2014 within the min-max range as shown below
2013 Q3 for 2014 Q1 forecast was min.20 & max 40. Achieved 2014 Q1 = 40,3
2014 Q1 for 2014 Q2 forecast was min.45 & max 65. Achieved 2014 Q2 = 59,1
2014 Q2 for 2014 Q3 forecast was min.50 & max 70. Achieved 2014 Q3 = pending until October Report issued
Based on the forecasts of the quarterly reports issued end of 2013 up to 2nd Quarter 2014 the forecasts for the Adjusted EBITDA was in each Quarter 2014 within the min-max range as shown below
2013 Q3 for 2014 Q1 forecast was min.20 & max 40. Achieved 2014 Q1 = 40,3
2014 Q1 for 2014 Q2 forecast was min.45 & max 65. Achieved 2014 Q2 = 59,1
2014 Q2 for 2014 Q3 forecast was min.50 & max 70. Achieved 2014 Q3 = pending until October Report issued