Sprout Social Inc expected to post a loss of 4 cents a share - Earnings Preview

Sprout Social

02/11/2022 02:11

* Sprout Social Inc  SPT.OQ   SPT.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 3. 
    * The Chicago Illinois-based  company is expected to report 
a
32.4% increase in revenue to $64.998 million from $49.09 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. The company's guidance on August 2
2022, for the period ended September 30, was for revenue between
$64.90 million and $65.00 million.
    * ​Refinitiv's mean analyst estimate for Sprout Social Inc
is for
a loss of 4 cents per share. The company's EPS guidance on
August 2 2022, for the period ended September 30, was between
USD-0.04 and USD-0.03 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"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 $55.94. ​​​

The company's guidance on August 2 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD-2.4 million and USD-2 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  
 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. 30 2021  -0.08       -0.08      -0.03     Beat    61.5
 ​​Jun.        -0.10       -0.10      0.00      Beat    100
 30 2021                                                
 Mar. 31 2021  -0.10       -0.10      -0.05     Beat    50.9​
 Dec. 31 2020  -0.11       -0.11      -0.06     Beat    43.7
 Sep. 30 2020  -0.11       -0.12      -0.09     Beat    24.9
 This summary was machine generated November 2 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated