Sprout Social Inc expected to post a loss of 2 cents a share - Earnings Preview

Sprout Social

18/02/2023 24:24

* Sprout Social Inc  SPT.OQ   SPT.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 21. 
    * The Chicago Illinois-based  company is expected to report 
a
31.2% increase in revenue to $69.867 million from $53.27 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. The company's guidance on November 3
2022, for the period ended December 31, was for revenue between
$69.80 million and $69.90 million.
    * ​Refinitiv's mean analyst estimate for Sprout Social Inc
is for
a loss of 2 cents per share. The company's EPS guidance on
November 3 2022, for the period ended December 31, was about
USD-0.02
    * 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 $72​, above​ its last closing price of $60.99. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD-1 million and USD-900 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  
 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. 31 2021  -0.07       -0.07      -0.05     Beat    28.8
 ​​Sep.        -0.08       -0.08      -0.03     Beat    61.5
 30 2021                                                
 Jun. 30 2021  -0.10       -0.10      0.00      Beat    100​
 Mar. 31 2021  -0.10       -0.10      -0.05     Beat    50.9
 Dec. 31 2020  -0.11       -0.11      -0.06     Beat    43.7
 This summary was machine generated February 18 at 00:24 GMT. 
All figures in US dollars  unless otherwise stated