Sprout Social, Inc. reports results for the quarter ended June 30 - Earnings Summary
Sprout Social, Inc. reports results for the quarter ended June 30 - Earnings Summary
Sprout Social, Inc. SPT.OQ reported quarterly adjusted earnings of 26 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of ten analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 16 cents to 16 cents per share.
Revenue rose 10.8% to $123.85 million from a year ago; analysts expected $122.11 million.
Sprout Social, Inc.'s reported EPS for the quarter was a loss of 5 cents.
The company reported a quarterly loss of $3.09 million.
Sprout Social, Inc. shares had risen by 14.3% this quarter and lost 23.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 16.8% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Sprout Social, Inc. is $9.00, about 9% above its last closing price of $8.19
This summary was machine generated from LSEG data August 6 at 10:42 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.16 | 0.26 | Beat |
Mar. 31 2026 | 0.16 | 0.23 | Beat |
Dec. 31 2025 | 0.16 | 0.20 | Beat |
Sep. 30 2025 | 0.16 | 0.23 | Beat |
Recent news on Sprout Social
See all newsSprout Social, Inc. reports results for the quarter ended June 30 - Earnings Summary
Brief: Sprout Social Q2 EPS USD -0.05
Sprout Social Q1 revenue slightly beats estimates
Brief: Sprout Social Appoints Ryan Barretto As Interim Principal Financial Officer And Accounting Officer
Sprout Social beats Q4 revenue estimates