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

Samsara (Pre-Reincorporation)

30/11/2023 22:42

* Samsara Inc  IOT.N  reported quarterly adjusted earnings
of 4
cents​​ per share for the quarter ended in October, higher than
the same quarter last year, when the company reported EPS of -2
cents.  The mean expectation of thirteen analysts for the
quarter was for earnings of one cent per share. Wall Street
expected results to range from zero cents to 1 cents per share.
    * Revenue rose 39.9% to $237.53 million from a year ago;
analysts
expected $224.73 million. 
    * Samsara Inc's reported EPS for the quarter was a loss of 8
cents​.
    * The company reported a quarterly loss of $45.53 million.
    * Samsara Inc shares had risen by 11.6% this quarter and
gained 126.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 232.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Samsara Inc
is
$30.00 

This summary was machine generated from LSEG data November 30 at
10:41 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      0.01           0.04           Beat
 Jul. 31 2023      -0.02          0.01           Beat
 Apr. 30 2023      -0.05          -0.02          Beat
 Jan. 31 2023      -0.05          -0.02          Beat