Smartsheet Q2 EPS $0.16 Beats $0.07 Estimate, Sales $235.60M Beat $229.51M Estimate
Portfolio Pulse from Bill Haddad
Smartsheet (NYSE:SMAR) reported Q2 earnings of $0.16 per share, beating the analyst consensus estimate of $0.07 by 128.57%. This is a 260% increase from the same period last year. The company also reported quarterly sales of $235.60 million, beating the analyst consensus estimate of $229.51 million by 2.65%. This is a 26.20% increase from the same period last year.
September 07, 2023 | 8:07 pm
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POSITIVE IMPACT
Smartsheet's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could potentially lead to a positive short-term impact on the company's stock.
Smartsheet's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors. This could lead to increased investor confidence and potentially a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100