SmartRent Inc reports results for the quarter ended in December - Earnings Summary

SmartRent

24/03/2022 21:15

* SmartRent Inc  SMRT.N  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue was $34.67 million​;  analysts expected $31.40
million. 
    * SmartRent Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * SmartRent Inc shares had fallen by 33.6% this quarter.
    * The company reported a quarterly loss of $25.96 million.
    * Wall Street's median 12-month price target for SmartRent
Inc is
$12.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 24 at 09:15 p.m.  ​All
figures in US dollars unless otherwise stated