Smartsheet Inc expected to post a loss of 1 cent a share - Earnings Preview

Smartsheet

10/03/2023 22:21

* Smartsheet Inc  SMAR.N   SMAR.K  is expected to show a
rise in
quarterly revenue when it reports  results on March 14. 
    * The Bellevue Washington-based  company is expected to
report  a
31.0% increase in revenue to $206.192 million from $157.39
million a year ago, according to the mean estimate from 16
analysts, based on Refinitiv data. The company's guidance on
December 1 2022, for the period ended January 31, was for
revenue between $205.00 million and $207.00 million.
    * ​Refinitiv's mean analyst estimate for Smartsheet Inc is
for a
loss of 1 cent per share. The company's EPS guidance on December
1 2022, for the period ended January 31, was between $-0.02 and
$0.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 5
"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 Smartsheet
Inc is
$48​, above​ its last closing price of $39.66. ​​​

The company's guidance on December 1 2022 for the period ended
January 31 was for Earnings before Interest and Taxes between
USD-2 million and USD0.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Oct. 31 2022  -0.15       -0.15      -0.01     Beat    93.3
 Jul. 31 2022  -0.20       -0.20      -0.10     Beat    49.3
 Apr. 30 2022  -0.19       -0.19      -0.18     Beat    3.5​
 Jan. 31 2022  -0.15       -0.15      -0.12     Beat    19.8
 ​​Oct.        -0.10       -0.10      -0.03     Beat    71.3
 31 2021                                                
 Jul. 31 2021  -0.13       -0.13      -0.05     Beat    62.5​
 Apr. 30 2021  -0.14       -0.14      -0.09     Beat    36.6
 Jan. 31 2021  -0.13       -0.13      -0.04     Beat    70.3
 This summary was machine generated March 10 at 22:21 GMT.  All
figures in US dollars  unless otherwise stated