Samsara Inc expected to post earnings of 1 cent a share - Earnings Preview

Samsara (Pre-Reincorporation)

04/06/2024 21:06

* Samsara Inc  IOT.N   IOT  is expected to show a rise in
quarterly revenue when it reports  results on June 6 for the
period ending April 30 2024
    * The San Francisco California-based  company is expected to
report a 33.3% increase in revenue to $272.426 million from
$204.32 million a year ago, according to the mean estimate from
13 analysts, based on LSEG data.The company's guidance on March
7 2024, for the period ended April 30, was for revenue between
$271.00 million and $273.00 million.
    * ​LSEG's mean analyst estimate for Samsara Inc is for
earnings of
1 cent per share. The company's EPS guidance on March 7 2024,
for the period ended April 30, was between $0.00 and $0.01 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Samsara Inc
is
$42.00​, above​ its last closing price of $34.11. ​​​

The company's guidance on March 7 2024 for the period ended
April 30 was for Earnings before Interest and Taxes between
USD-8.19 million and USD-8.13 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.03        0.03       0.04      Beat    48.6
 Oct. 31 2024  0.01        0.01       0.04      Beat    420.2
 Jul. 31 2023  -0.02       -0.02      0.01      Beat    146.4​
 Apr. 30 2023  -0.05       -0.05      -0.02     Beat    58.7
 ​​Jan.        -0.05       -0.05      -0.02     Beat    60
 31 2023                                                
 Oct. 31 2022  -0.06       -0.06      -0.02     Beat    66.7​
 Jul. 31 2022  -0.06       -0.07      -0.04     Beat    41.8
 Apr. 30 2022  -0.07       -0.08      -0.05     Beat    35.5
 This summary was machine generated June 4 at 20:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)