Sonos Inc expected to post earnings of 15 cents a share - Earnings Preview

Sonos

04/02/2025 21:12

* Sonos Inc  SONO.OQ   SONO.O  is expected to show a fall in
quarterly revenue when it reports  results on February 6 for the
period ending December 31 2024
    * The Santa Barbara California-based  company is expected to
report a 15.2% decrease in revenue to $519.475 million from
$612.87 million a year ago, according to the mean estimate from
4 analysts, based on LSEG data.The company's guidance on
November 13 2024, for the period ended December 31, was for
revenue between $480.00 million and $560.00 million.
    * ​LSEG's mean analyst estimate for Sonos Inc is for
earnings of
15 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 had fallen by
about 4.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Sonos Inc
is
$17.00​, above​ its last closing price of $13.57. ​​​

The company's guidance on November 13 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD480 million and
USD79 million.The company's guidance on November 13 2024 for the
period ended December 31 was for gross profit margin between
USD41% and USD43%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.41       -0.41      -0.44     Missed  -8
 Jun. 30 2024  -0.01       0.01       0.03      Beat    200
 Mar. 31 2024  -0.46       -0.46      -0.56     Missed  -21.2​
 Dec. 31 2023  0.39        0.40       0.64      Beat    62
 ​​Sep.        -0.18       -0.18      -0.25     Missed  -36.7
 30 2023                                                
 Jun. 30 2023  -0.24       -0.20      -0.18     Beat    10​
 Mar. 31 2023  -0.20       -0.18      -0.24     Missed  -30.4
 Dec. 31 2022  0.37        0.40       0.57      Beat    41.3
 This summary was machine generated February 4 at 21:12 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)