Sonos Inc reports results for the quarter ended March 31 - Earnings Summary

Sonos

07/05/2025 22:07

Sonos Inc SONO.OQ reported a quarterly adjusted loss of 58 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -56 cents.  The mean expectation of five analysts for the quarter was for a loss of 42 cents per share. Wall Street expected results to range from -55 cents to -31 cents per share.

Revenue rose 2.8% to $259.76 million from a year ago; analysts expected $251.58 million.

Sonos Inc's reported EPS for the quarter was a loss of 58 cents​.

The company reported a quarterly loss of $70.14 million.

Sonos Inc shares had fallen by 13.9% this quarter and lost 38.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 32.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the household electronics peer group is also "hold"

Wall Street's median 12-month price target for Sonos Inc is $13.00

This summary was machine generated from LSEG data May 7 at 09:06 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
Mar. 31 2025
-0.42
-0.58
Missed
Dec. 31 2024
0.15
0.40
Beat
Sep. 30 2024
-0.41
-0.44
Missed
Jun. 30 2024
0.01
0.03
Beat