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

Smartsheet

01/12/2022 22:51

* Smartsheet Inc  SMAR.N  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in October. The mean
expectation of eighteen analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue rose 38% to $199.58 million from a year ago;
analysts
expected $194.27 million. 
    * Smartsheet Inc's reported EPS for the quarter was a loss
of 31
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Smartsheet Inc shares had fallen by 10.5% this quarter and
lost 60.3% so far this year.
    * The company reported a quarterly loss of $40.14 million.
    * Wall Street's median 12-month price target for Smartsheet
Inc is
$45.00 
    * 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." 

This summary was machine generated from Refinitiv data December
1 at 10:51 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      -0.15          -0.01          Beat
 Jul. 31 2022      -0.20          -0.10          Beat
 Apr. 30 2022      -0.19          -0.18          Beat
 Jan. 31 2022      -0.15          -0.12          Beat