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At its analyst day, Scotts Miracle-Gro (SMG +1.4%) sees FY 2013 results in-line with estimates,...

At its analyst day, Scotts Miracle-Gro (SMG +1.4%) sees FY 2013 results in-line with estimates, with EPS at $2.50-2.75 vs. $2.56 analyst consensus and revenues up 1%-3% vs. +3% consensus on flat volume. With more than two thirds of its commodity costs now locked for the year, including ~90% of urea, SMG expects ~$20M in commodity inflation.
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