Smartsheet Inc reports results for the quarter ended in January - Earnings Summary

Smartsheet

14/03/2023 21:02

* Smartsheet Inc  SMAR.N  reported quarterly adjusted
earnings of
7 cents​​ per share for the quarter ended in January. The mean
expectation of nineteen analysts for the quarter was for a loss
of one cent per share.
    * Revenue rose 34.9% to $212.34 million from a year ago;
analysts
expected $206.17 million. 
    * Smartsheet Inc's reported EPS for the quarter was a loss
of 33
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Smartsheet Inc shares had risen by 1.0% this quarter.
    * The company reported a quarterly loss of $42.73 million.
    * Wall Street's median 12-month price target for Smartsheet
Inc is
$48.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 14 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      -0.01          0.07           Beat
 Oct. 31 2022      -0.15          -0.01          Beat
 Jul. 31 2022      -0.20          -0.10          Beat
 Apr. 30 2022      -0.19          -0.18          Beat