Sprout Social Inc expected to post a loss of 6  cents a share - Earnings Preview

Sprout Social

30/07/2022 24:16

* Sprout Social Inc  SPT.OQ   SPT.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 2. 
    * The Chicago Illinois-based  company is expected to report 
a
34.9% increase in revenue to $60.278 million from $44.69 million
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sprout Social Inc
is for
a loss of 6 cents per share. For the same quarter last year, the
company reported breakeven results per share.
    * 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 $75.5​, above​ its last closing price of $52.10. ​​​
    * 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 2022  -0.04       -0.04      -0.03     Beat    27
 Dec. 31 2022  -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
 ​​Mar.        -0.10       -0.10      -0.05     Beat    50.9
 31 2021                                                
 Dec. 31 2020  -0.11       -0.11      -0.06     Beat    43.7​
 Sep. 30 2020  -0.11       -0.12      -0.09     Beat    24.9
 Jun. 30 2020  -0.14       -0.15      -0.11     Beat    24.2
 This summary was machine generated July 29 at 23:16 GMT.  All
figures in US dollars  unless otherwise stated