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

Sprout Social

04/05/2022 01:16

* Sprout Social Inc  SPT.OQ  reported a quarterly adjusted
loss
of 3 cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for a loss
of 4 cents per share.
    * Revenue rose 40.7% to $57.43 million from a year ago; 
analysts
expected $56.23 million. 
    * Sprout Social Inc's reported EPS for the quarter was a
loss
of 18 cents​.
    * The mean earnings estimate of analysts had risen by
about 33.7%
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 fallen by 19.9% this
quarter and
lost 29.3% so far this year.
    * The company reported a quarterly loss of $9.76 million.
    * Wall Street's median 12-month price target for Sprout
Social Inc
is $94.50 
    * 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." 

This summary was machine generated May 4 at 12:16 a.m.  ​All
figures in US dollars unless otherwise stated