Sonos Inc reports results for the quarter ended June 30 - Earnings Summary
Sonos Inc reports results for the quarter ended June 30 - Earnings Summary
Sonos Inc SONO.OQ reported quarterly adjusted earnings of 5 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of three analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -3 cents to 4 cents per share.
Revenue rose 8.8% to $375.26 million from a year ago; analysts expected $365.66 million.
Sonos Inc's reported EPS for the quarter was 25 cents.
The company reported quarterly net income of $29.85 million.
Sonos Inc shares had risen by 24.2% this quarter and lost 4.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 125% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the household electronics peer group is "hold."
Wall Street's median 12-month price target for Sonos Inc is $19.50, about 13.8% above its last closing price of $16.80
This summary was machine generated from LSEG data July 29 at 09:38 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.01 | 0.05 | Beat |
Mar. 31 2026 | -0.24 | -0.24 | Met |
Dec. 31 2025 | 0.64 | 0.75 | Beat |
Sep. 30 2025 | -0.24 | -0.31 | Missed |
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