Scotts: Fiscal Q3 Earnings Snapshot

Associated Press Finance
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MARYSVILLE, Ohio (AP) — MARYSVILLE, Ohio (AP) — Scotts Miracle-Gro Co. (SMG) on Wednesday reported fiscal third-quarter profit of $132.1 million.

The Marysville, Ohio-based company said it had net income of $2.28 per share. Earnings, adjusted for non-recurring costs, came to $2.31 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.89 per share.

The lawn and garden products company posted revenue of $1.2 billion in the period, which matched Street forecasts.

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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