Sprout Social Inc expected to post a loss of 1 cent a share - Earnings Preview

Sprout Social

29/04/2023 01:40

* Sprout Social Inc  SPT.OQ   SPT.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 2. 
    * The Chicago Illinois-based  company is expected to report 
a
30.7% increase in revenue to $75.075 million from $57.43 million
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. The company's guidance on February 21
2023, for the period ended March 31, was for revenue between
$75.00 million and $75.10 million.
    * ​Refinitiv's mean analyst estimate for Sprout Social Inc
is for
a loss of 1 cent per share. The company's EPS guidance on
February 21 2023, for the period ended March 31, was about
USD-0.01
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"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 Sprout
Social Inc
is $75​, above​ its last closing price of $49.26. ​​​

The company's guidance on February 21 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD-700 thousand and USD-500 thousand.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.02       -0.02      0.03      Beat    257.2
 Sep. 30 2022  -0.04       -0.04      -0.02     Beat    49
 Jun. 30 2022  -0.06       -0.06      -0.04     Beat    31.1​
 Mar. 31 2022  -0.04       -0.04      -0.03     Beat    27
 ​​Dec.        -0.07       -0.07      -0.05     Beat    28.8
 31 2021                                                
 Sep. 30 2021  -0.08       -0.08      -0.03     Beat    61.5​
 Jun. 30 2021  -0.10       -0.10      0.00      Beat    100
 Mar. 31 2021  -0.10       -0.10      -0.05     Beat    50.9
 This summary was machine generated April 29 at 00:40 GMT.  All
figures in US dollars  unless otherwise stated