SmartRent Inc expected to post a loss of 4 cents a share - Earnings Preview

SmartRent

05/05/2025 14:59

SmartRent Inc SMRT.N, SMRT.K is expected to show a fall in quarterly revenue when it reports  results on May 7 for the period ending March 31 2025

The Phoenix Arizona-based  company is expected to report a 20.6% decrease in revenue to $40.104 million from $50.49 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on April 10 2025, for the period ended March 31, was for revenue between $40.50 million and $41.50 million.

​LSEG's mean analyst estimate for SmartRent Inc is for a loss of 4 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "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 $1.60​, above​ its last closing price of $0.97. ​​​

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-0.04
-0.03
-0.06
Missed
-84.6
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

This summary was machine generated May 5 at 13:59 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)