Sonder Holdings Inc reports results for the quarter ended in June - Earnings Summary

Sonder Holdings

09/08/2023 22:39

* Sonder Holdings Inc  SOND.OQ  reported a quarterly
adjusted loss
of 21 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 17 cents per share.
    * Revenue rose 29.7% to $157.40 million from a year ago;
analysts
expected $162.72 million. 
    * Sonder Holdings Inc's reported EPS for the quarter was a
loss
of 21 cents​.
    * The mean earnings estimate of analysts had fallen by
about 36.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Sonder Holdings Inc shares had fallen by 2.9% this
quarter and
lost 58.5% so far this year.
    * The company reported a quarterly loss of $45.33 million.
    * Wall Street's median 12-month price target for Sonder
Holdings
Inc is $1.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:39 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.17          -0.21          Missed
 Mar. 31 2023      -0.27          -0.39          Missed
 Dec. 31 2022      -0.18          -0.26          Missed
 Sep. 30 2022      -0.20          -0.36          Missed