Smartsheet Sees FY25 Adj. EPS $1.22-$1.29 Vs $1.11 Est.; Revenue $1.116B-$1.121B Vs $1.116B Est.
Portfolio Pulse from Benzinga Newsdesk
Smartsheet has provided its financial outlook for FY25, projecting adjusted EPS between $1.22 and $1.29, surpassing the estimated $1.11. The company also expects revenue to be in the range of $1.116 billion to $1.121 billion, aligning with the estimated $1.116 billion.
June 05, 2024 | 8:16 pm
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POSITIVE IMPACT
Smartsheet's FY25 financial outlook shows a positive adjusted EPS forecast of $1.22-$1.29, exceeding the estimated $1.11. Revenue projections are in line with expectations at $1.116 billion to $1.121 billion.
The positive adjusted EPS forecast exceeding estimates is likely to boost investor confidence and drive the stock price up in the short term. Revenue projections being in line with expectations also provide stability.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100