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Rise In U.S. Billings Expected To Lift Groupon In Q4

Groupon (GRPN) is due to release its fourth quarter earnings on 12th February and most investors are not too optimistic about the company stock. The company has stacked up a net loss of $81.878 million in losses in the first nine months of the fiscal year as compared to a loss of $14.146 million recorded in the same period last year. However, there are analysts who foresee a change in fortune for the company especially with regards to its North American and Europe, Middle East & Africa (EMEA) regions.

Starting off with the North American region, which contributes more than 50% to Groupon's revenues, we expect to see a surge in the coming quarter results. According to analysts from Sterne Agee and Evercore Partners Inc. (both of whom have upgraded Groupon stock), their analysis indicates that activity in the region, including other areas, have sped up. Analysts at the… Read More …