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

Sprout Social

02/08/2023 03:05

* Sprout Social Inc  SPT.OQ   SPT.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 3. 
    * The Chicago Illinois-based  company is expected to report 
a
28.1% increase in revenue to $78.716 million from $61.43 million
a year ago, according to the mean estimate from 11 analysts,
based on Refinitiv data. The company's guidance on May 2 2023,
for the period ended June 30, was for revenue between $78.60
million and $78.70 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 May 2
2023, for the period ended June 30, was about USD-0.02
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "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 $60​, above​ its last closing price of $56.13. ​​​

The company's guidance on May 2 2023 for the period ended June
30 was for Earnings before Interest and Taxes between USD-1.8
million and USD-1.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.01       -0.01      0.06      Beat    925.3
 Dec. 31 2023  -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.        -0.04       -0.04      -0.03     Beat    27
 31 2022                                                
 Dec. 31 2021  -0.07       -0.07      -0.05     Beat    28.8​
 Sep. 30 2021  -0.08       -0.08      -0.03     Beat    61.5
 Jun. 30 2021  -0.10       -0.10      0.00      Beat    100
 This summary was machine generated August 2 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated