Sonos Inc expected to post a loss of 39 cents a share - Earnings Preview

Sonos

12/11/2024 03:52

* Sonos Inc  SONO.OQ   SONO.O  is expected to show a fall in
quarterly revenue when it reports  results on November 13 for
the period ending January 1 0001
    * The Santa Barbara California-based  company is expected to
report a 18.2% decrease in revenue to $249.496 million from
$305.15 million a year ago, according to the mean estimate from
4 analysts, based on LSEG data.The company's guidance on August
7 2024, for the period ended September 30, was for revenue
between $240.00 million and $260.00 million.
    * ​LSEG's mean analyst estimate for Sonos Inc is for a loss
of 39
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "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
14.00​, below​ its last closing price of $14.34. ​​​

The company's guidance on August 7 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 240 million and -14
million (USD).The company's guidance on August 7 2024 for the
period ended September 30 was for gross profit margin between
USD40% and USD42%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.01       0.01       0.03      Beat    200
 Mar. 31 2024  -0.46       -0.46      -0.56     Missed  -21.2
 Jan. 1 0001   0.39        0.40       0.64      Beat    62​
 Jan. 1 0001   -0.18                  -0.25             -36.7
 ​​Jun.        -0.24       -0.20      -0.18     Beat    10
 30 2023                                                
 Mar. 31 2023  -0.20       -0.18      -0.24     Missed  -30.4​
 Dec. 31 2022  0.37        0.40       0.57      Beat    41.3
 Sep. 30 2022  -0.42       -0.41      -0.50     Missed  -21.4
 This summary was machine generated November 12 at 03:52 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)