Market Overview

Preview: Smartsheet's Earnings

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On Wednesday, September 02, Smartsheet (NYSE: SMAR) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Wall Street expects an EPS loss of $0.16 and sales around $86.57 million. In the same quarter last year, Smartsheet reported a loss per share of $0.08 on sales of $64.64 million. If the company were to post earnings per share inline with the consensus estimate when it reports Wednesday, EPS would be down 100.0%. Revenue would be have grown 6.5% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.20 -0.16 -0.18 -0.16
EPS Actual -0.11 -0.13 -0.15 -0.08
Revenue Estimate 81.29 M 77.70 M 69.76 M 63.52 M
Revenue Actual 85.49 M 78.52 M 71.53 M 64.64 M

Stock Performance

Over the last 52-week period, shares are up 15.73%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Smartsheet is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/smar/mediaframe/40202/indexr.html

 

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Posted-In: Earnings