Smartsheet Q4 2024 Adj EPS $0.34 Beats $0.18 Estimate, Sales $256.900M Beat $255.379M Estimate
Portfolio Pulse from Benzinga Newsdesk
Smartsheet (NYSE:SMAR) reported Q4 2024 adjusted EPS of $0.34, surpassing the $0.18 estimate, with sales of $256.9M exceeding the $255.379M forecast. This represents a 20.99% increase in sales compared to the same period last year.
March 14, 2024 | 8:11 pm
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POSITIVE IMPACT
Smartsheet reported a significant beat on both earnings and sales estimates for Q4 2024, with a notable year-over-year sales growth.
The substantial beat on both earnings per share and sales estimates, coupled with a significant year-over-year sales increase, is likely to positively influence investor sentiment and potentially drive up Smartsheet's stock price in the short term.
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