Smartsheet Inc expected to post a loss of 15 cents a share - Earnings Preview

Smartsheet

29/11/2022 21:02

* Smartsheet Inc  SMAR.N   SMAR.K  is expected to show a
rise in
quarterly revenue when it reports  results on December 1. 
    * The Bellevue Washington-based  company is expected to
report  a
34.3% increase in revenue to $194.272 million from $144.63
million a year ago, according to the mean estimate from 17
analysts, based on Refinitiv data. The company's guidance on
September 1 2022, for the period ended October 31, was for
revenue between $193.00 million and $194.00 million.
    * ​Refinitiv's mean analyst estimate for Smartsheet Inc is
for a
loss of 15 cents per share. The company's EPS guidance on
September 1 2022, for the period ended October 31, was between
USD-0.16 and USD-0.15 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "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 Smartsheet
Inc is
$45​, above​ its last closing price of $28.56. ​​​

The company's guidance on September 1 2022 for the period ended
October 31 was for Earnings before Interest and Taxes between
USD-21 million and USD-19 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  -0.10       -0.10      -0.03     Beat    71.3
 ​​Jul.        -0.13       -0.13      -0.05     Beat    62.5
 31 2021                                                
 Apr. 30 2021  -0.14       -0.14      -0.09     Beat    36.6​
 Jan. 31 2021  -0.13       -0.13      -0.04     Beat    70.3
 Oct. 31 2020  -0.21       -0.21      -0.12     Beat    44.1
 This summary was machine generated November 29 at 21:02 GMT. 
All figures in US dollars  unless otherwise stated