Sprout Social Inc reports results for the quarter ended in June - Earnings Summary

Sprout Social

03/08/2023 22:53

* Sprout Social Inc  SPT.OQ  reported quarterly adjusted
earnings
of 7 cents​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue rose 29.1% to $79.32 million from a year ago;
analysts
expected $78.72 million. 
    * Sprout Social Inc's reported EPS for the quarter was a
loss
of 24 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Sprout Social Inc shares had risen by 14.2% this
quarter and
lost 6.7% so far this year.
    * The company reported a quarterly loss of $13.09 million.
    * Wall Street's median 12-month price target for Sprout
Social Inc
is $60.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 09:52 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          0.07           Beat
 Mar. 31 2023      -0.01          0.06           Beat
 Dec. 31 2022      -0.02          0.03           Beat
 Sep. 30 2022      -0.04          -0.02          Beat