Smartsheet Sees FY25 Adj. EPS $1.06-$1.13 Vs 0.94 Est.; Revenue $1.113B-$1.118B Vs $1.144B Est.
Portfolio Pulse from Benzinga Newsdesk
Smartsheet projects its FY25 adjusted EPS to be between $1.06 and $1.13, surpassing the estimated $0.94. However, its revenue forecast of $1.113B to $1.118B falls short of the expected $1.144B.
March 14, 2024 | 8:13 pm
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Smartsheet's FY25 EPS forecast exceeds expectations, but its revenue projection is below the estimated figure.
The higher than expected EPS forecast for FY25 suggests operational efficiency and profitability, which could positively impact investor sentiment. However, the lower revenue forecast compared to estimates might raise concerns about growth prospects, potentially balancing out the positive EPS impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100