Smartsheet Inc expected to post earnings of 18 cents a share - Earnings Preview

Smartsheet

12/03/2024 20:22

* Smartsheet Inc  SMAR.N   SMAR.K  is expected to show a
rise in
quarterly revenue when it reports  results on March 14 for the
period ending January 31 2024
    * The Bellevue Washington-based  company is expected to
report a
20.3% increase in revenue to $255.379 million from $212.34
million a year ago, according to the mean estimate from 18
analysts, based on LSEG data.The company's guidance on December
7 2023, for the period ended January 31, was for revenue between
$254.00 million and $256.00 million.
    * ​LSEG's mean analyst estimate for Smartsheet Inc is for
earnings
of 18 cents per share. The company's EPS guidance on December 7
2023, for the period ended January 31, was between $0.17 and
$0.19 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 2
"hold" and 1 "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
$56.00​, above​ its last closing price of $41.85. ​​​

The company's guidance on December 7 2023 for the period ended
January 31 was for Earnings before Interest and Taxes between
USD21 million and USD23 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  0.09        0.09       0.16      Beat    82.5
 Jul. 31 2023  0.08        0.07       0.16      Beat    116.4
 Apr. 30 2023  0.08        0.07       0.18      Beat    147.9​
 Jan. 31 2023  -0.01       -0.01      0.07      Beat    1,426.
                                                        3
 ​​Oct.        -0.15       -0.15      -0.01     Beat    93.3
 31 2022                                                
 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
 This summary was machine generated March 12 at 20:22 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)