Recap: Sprout Social Q4 Earnings - Sprout Social (NASDAQ:SPT)

Sprout Social SPT reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Sprout Social beat estimated earnings by 28.57%, reporting an EPS of $-0.05 versus an estimate of $-0.07.

Revenue was up $15.92 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 3.14% increase in the share price the next day.

Here's a look at Sprout Social's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	-0.08	-0.1	-0.10	-0.11
EPS Actual	-0.03	0	-0.05	-0.06
Revenue Estimate	47.36M	42.88M	39.73M	35.87M
Revenue Actual	49.09M	44.69M	40.82M	37.35M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Sprout Social management provided guidance for their next quarter, expecting earnings between $-0.05 and $-0.04 per share for the next quarter.

This represents a 10.0% in quarter-over-quarter growth for Sprout Social, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.