Smartsheet Inc expected to post earnings of 7  cents a share - Earnings Preview

Smartsheet

05/09/2023 21:15

* Smartsheet Inc  SMAR.N   SMAR.K  is expected to show a
rise in
quarterly revenue when it reports  results on September 7. 
    * The Bellevue Washington-based  company is expected to
report  a
22.9% increase in revenue to $229.515 million from $186.69
million a year ago, according to the mean estimate from 18
analysts, based on Refinitiv data. The company's guidance on
June 7 2023, for the period ended July 31, was for revenue
between $228.00 million and $231.00 million.
    * ​Refinitiv's mean analyst estimate for Smartsheet Inc is
for
earnings of 7 cents per share. The company's EPS guidance on
June 7 2023, for the period ended July 31, was between $0.07 and
$0.08 
    * 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 had risen by
about 0.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Smartsheet
Inc is
$50​, above​ its last closing price of $42.22. ​​​

The company's guidance on June 7 2023 for the period ended July
31 was for Earnings before Interest and Taxes between USD7
million and USD9 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  
 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. 31 2022  -0.15       -0.15      -0.01     Beat    93.3​
 Jul. 31 2022  -0.20       -0.20      -0.10     Beat    49.3
 ​​Apr.        -0.19       -0.19      -0.18     Beat    3.5
 30 2022                                                
 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. 31 2021  -0.13       -0.13      -0.05     Beat    62.5
 This summary was machine generated September 5 at 20:15 GMT. 
All figures in US dollars  unless otherwise stated