SmartRent Inc reports results for the quarter ended June 30 - Earnings Summary

SmartRent

05/08/2026 15:25

SmartRent Inc SMRT.N reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -6 cents.  The mean expectation of two analysts for the quarter was for a loss of 2 cents per share. 
Revenue rose 4% to $39.84 million from a year ago; analysts expected $39.62 million. 
SmartRent Inc's reported EPS for the quarter was a loss of 3 cents​.
The company reported a quarterly loss of $5.64 million.
SmartRent Inc shares had fallen by 11.8% this quarter and lost 48.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 33.3% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated hardware & software peer group is  "buy."
Wall Street's median 12-month price target for SmartRent Inc is $1.35, about 22.2% above its last closing price of $1.05
This summary was machine generated from LSEG data August 5 at 02:25 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
-0.02
-0.03
Missed
Mar. 31 2026 
-0.01
-0.02
Missed
Dec. 31 2025 
-0.02
-0.02
Met
Sep. 30 2025 
-0.05
-0.03
Beat