Sonos Inc SONO.OQ SONO.O is expected to show a fall in quarterly revenue when it reports results on February 6 for the period ending December 31 2024
The Santa Barbara California-based company is expected to report a 15.2% decrease in revenue to $519.475 million from $612.87 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on November 13 2024, for the period ended December 31, was for revenue between $480.00 million and $560.00 million.
LSEG's mean analyst estimate for Sonos Inc is for earnings of 15 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 4.5% in the last three months.
Wall Street's median 12-month price target for Sonos Inc is $17.00, above its last closing price of $13.57.
The company's guidance on November 13 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD480 million and USD79 million.The company's guidance on November 13 2024 for the period ended December 31 was for gross profit margin between USD41% and USD43%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.41 | -0.41 | -0.44 | Missed | -8 |
Jun. 30 2024 | -0.01 | 0.01 | 0.03 | Beat | 200 |
Mar. 31 2024 | -0.46 | -0.46 | -0.56 | Missed | -21.2 |
Dec. 31 2023 | 0.39 | 0.40 | 0.64 | Beat | 62 |
Sep. 30 2023 | -0.18 | -0.18 | -0.25 | Missed | -36.7 |
Jun. 30 2023 | -0.24 | -0.20 | -0.18 | Beat | 10 |
Mar. 31 2023 | -0.20 | -0.18 | -0.24 | Missed | -30.4 |
Dec. 31 2022 | 0.37 | 0.40 | 0.57 | Beat | 41.3 |
This summary was machine generated February 4 at 21:12 GMT. 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)