Samsara Inc reports results for the quarter ended in July - Earnings Summary

Samsara (Pre-Reincorporation)

31/08/2023 22:46

* Samsara Inc  IOT.N  reported quarterly adjusted earnings
of 1
cent​​ per share for the quarter ended in July. The mean
expectation of thirteen analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue rose 42.8% to $219.26 million from a year ago;
analysts
expected $207.49 million. 
    * Samsara Inc's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had risen by
about 17.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Samsara Inc shares had fallen by 3.4% this quarter and
gained 115.4% so far this year.
    * The company reported a quarterly loss of $59.97 million.
    * Wall Street's median 12-month price target for Samsara Inc
is
$30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 31 at 09:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      -0.02          0.01           Beat
 Apr. 30 2023      -0.05          -0.02          Beat
 Jan. 31 2023      -0.05          -0.02          Beat
 Oct. 31 2022      -0.06          -0.02          Beat