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SPT — Sprout Social News Story

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Sprout Social Inc reports results for the quarter ended March 31 - Earnings Summary

Sprout Social Inc SPT.OQ reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 10 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 12 cents to 16 cents per share.

Revenue rose 12.9% to $109.29 million from a year ago; analysts expected $107.86 million.

Sprout Social Inc's reported EPS for the quarter was a loss of 19 cents​.

The company reported a quarterly loss of $11.22 million.

Sprout Social Inc shares had fallen by 6.1% this quarter and lost 32.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 5.3% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 6 "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 $30.00

This summary was machine generated from LSEG data May 8 at 09:02 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.150.22Beat
Dec. 31 20240.150.19Beat
Sep. 30 20240.120.13Beat
Jun. 30 20240.080.09Beat

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