Sprout Social Inc expected to post breakeven results a share - Earnings Preview

Sprout Social

16/02/2024 22:37

* Sprout Social Inc  SPT.OQ   SPT.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 20 for
the period ending December 31 2023
    * The Chicago Illinois-based  company is expected to report
a
30.3% increase in revenue to $90.736 million from $69.66 million
a year ago, according to the mean estimate from 12 analysts,
based on LSEG data.The company's guidance on November 2 2023,
for the period ended December 31, was for revenue between $90.50
million and $90.60 million.
    * ​LSEG's mean analyst estimate for Sprout Social Inc is for
breakeven results per share. The company's EPS guidance on
November 2 2023, for the period ended December 31, was between
$0.00 and $0.01 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 $73.50​, above​ its last closing price of $64.91. ​​​

The company's guidance on November 2 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD600 thousand and USD700 thousand.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.05       -0.05      -0.01     Beat    78.7
 Jun. 30 2023  -0.02       -0.02      0.07      Beat    516.2
 Mar. 31 2023  -0.01       -0.01      0.06      Beat    925.3​
 Dec. 31 2022  -0.02       -0.02      0.03      Beat    257.2
 ​​Sep.        -0.04       -0.04      -0.02     Beat    49
 30 2022                                                
 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
 This summary was machine generated February 16 at 22:37 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)