Sprout Social Inc expected to post earnings of 8 cents a share - Earnings Preview

Sprout Social

30/07/2024 22:25

* Sprout Social Inc  SPT.OQ   SPT.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Chicago Illinois-based  company is expected to report
a
24.4% increase in revenue to $98.679 million from $79.32 million
a year ago, according to the mean estimate from 13 analysts,
based on LSEG data.The company's guidance on May 2 2024, for the
period ended June 30, was for revenue between $98.50 million and
$98.60 million.
    * ​LSEG's mean analyst estimate for Sprout Social Inc is for
earnings of 8 cents per share. The company's EPS guidance on May
2 2024, for the period ended June 30, was between $0.07 and
$0.08 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 7
"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 $44.00​, above​ its last closing price of $38.37. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest and Taxes between USD4.6
million and USD5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.01        0.01       0.10      Beat    1,755.
                                                        3
 Jan. 1 0001   -0.05       0.00       0.02      Beat    515.4
 Jan. 1 0001   -0.05       -0.05      -0.01     Beat    78.7​
 Jun. 30 2023  -0.02       -0.02      0.07      Beat    516.2
 ​​Mar.        -0.01       -0.01      0.06      Beat    257.2
 31 2023                                                
 Dec. 31 2022  -0.02       -0.02      0.03      Beat    257.2​
 Sep. 30 2022  -0.04       -0.04      -0.04     Met     49
 Jan. 1 0001   -0.06       -0.06      -0.04     Beat    31.1
 This summary was machine generated July 30 at 21:25 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)