Smartsheet Expects Q4 Total Revenue Of $254M-$256M (Estimate $255.36M), Representing Y/Y Growth Of 20%-21%; Non-GAAP EPS Of $0.17-$0.19 (Estimate $0.11)
Portfolio Pulse from Benzinga Newsdesk
Smartsheet Inc. forecasts Q4 total revenue to be between $254M-$256M, aligning with the estimate of $255.36M and indicating a year-over-year growth of 20%-21%. The company also projects Non-GAAP EPS to be $0.17-$0.19, surpassing the estimate of $0.11.
December 07, 2023 | 9:21 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Smartsheet Inc. expects Q4 revenue to meet analyst expectations and projects a higher Non-GAAP EPS than estimated, indicating strong financial performance.
Smartsheet's guidance suggests a positive outlook, with revenues in line with expectations and an EPS forecast that exceeds analyst estimates. This typically leads to a positive investor sentiment and could result in a short-term uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100