Smartsheet Inc expected to post earnings of 8  cents a share - Earnings Preview

Smartsheet

05/06/2023 21:23

* Smartsheet Inc  SMAR.N   SMAR.K  is expected to show a
rise in
quarterly revenue when it reports  results on June 7. 
    * The Bellevue Washington-based  company is expected to
report  a
27.2% increase in revenue to $214.07 million from $168.31
million a year ago, according to the mean estimate from 18
analysts, based on Refinitiv data. The company's guidance on
March 14 2023, for the period ended April 30, was for revenue
between $213.00 million and $215.00 million.
    * ​Refinitiv's mean analyst estimate for Smartsheet Inc is
for
earnings of 8 cents per share. The company's EPS guidance on
March 14 2023, for the period ended April 30, was between $0.08
and $0.09 
    * 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 fallen by
about 5.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Smartsheet
Inc is
$53​, above​ its last closing price of $48.61. ​​​

The company's guidance on March 14 2023 for the period ended
April 30 was for Earnings before Interest and Taxes between USD8
million and USD10 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  
 Jan. 31 2023  -0.01       -0.01      0.07      Beat    1,426.
                                                        3
 Oct. 31 2023  -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.        -0.15       -0.15      -0.12     Beat    19.8
 31 2022                                                
 Oct. 31 2021  -0.10       -0.10      -0.03     Beat    71.3​
 Jul. 31 2021  -0.13       -0.13      -0.05     Beat    62.5
 Apr. 30 2021  -0.14       -0.14      -0.09     Beat    36.6
 This summary was machine generated June 5 at 20:23 GMT.  All
figures in US dollars  unless otherwise stated