Sonos Inc expected to post a loss of 20 cents a share - Earnings Preview

Sonos

08/08/2023 03:09

* Sonos Inc  SONO.OQ   SONO.O  is expected to show a fall in
quarterly revenue when it reports  results on August 9. 
    * The Santa Barbara California-based  company is expected to
report  a 10.1% decrease in revenue to $334.24 million from
$371.78 million a year ago, according to the mean estimate from
4 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sonos Inc is for a
loss
of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sonos Inc
is
$20.5​, above​ its last closing price of $16.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.20       -0.18      -0.24     Missed  -30.4
 Dec. 31 2023  0.37        0.40       0.57      Beat    41.3
 Sep. 30 2022  -0.42       -0.41      -0.50     Missed  -21.4​
 Jun. 30 2022  0.07        0.09       0.00      Missed  -105.8
 ​​Mar.        0.06        0.07       0.06      Missed  -8.7
 31 2022                                                
 Dec. 31 2021  0.95        0.92       0.87      Missed  -5.6​
 Sep. 30 2021  -0.04       -0.07      -0.07     Met     -2.4
 Jun. 30 2021  -0.16       -0.17      0.12      Beat    169.9
 This summary was machine generated August 8 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated