SmartRent Inc expected to post a loss of 3 cents a share - Earnings Preview

SmartRent

03/03/2025 13:32

SmartRent Inc SMRT.N, SMRT.K is expected to show a fall in quarterly revenue when it reports  results on March 5 for the period ending December 31 2024

The Scottsdale Arizona-based  company is expected to report a 35.1% decrease in revenue to $39.083 million from $60.25 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for SmartRent Inc is for a loss of 3 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "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 SmartRent Inc is $1.80​, above​ its last closing price of $1.24. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.02
-0.02
-0.05
Missed
-185.7
Jun. 30 2024
-0.01
-0.01
-0.02
Missed
-42.9
Mar. 31 2024
-0.01
-0.01
-0.01
Met
16.7​
Dec. 31 2023
-0.01
-0.01
-0.02
Missed
-50
​​Sep. 30 2023
-0.04
-0.04
-0.04
Met
11.1
Jun. 30 2023
-0.05
-0.05
-0.05
Met
3.2​
Mar. 31 2023
-0.08
-0.07
-0.07
Met
5.8
Dec. 31 2022
-0.11
-0.10
-0.11
Missed
-11.4

This summary was machine generated March 3 at 13:32 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)