Sprout Social Sees Q3 Adj. EPS $0.12-$0.13 vs $0.12 Est., Sees Total Revenue $101.9M-$102.1M vs $101.89M Est.
Portfolio Pulse from Benzinga Newsdesk
Sprout Social has released its Q3 financial guidance, projecting adjusted EPS of $0.12-$0.13, slightly above the consensus estimate of $0.12. The company also expects total revenue to be between $101.9 million and $102.1 million, marginally higher than the estimated $101.89 million.
August 01, 2024 | 8:23 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Sprout Social's Q3 guidance indicates a slight beat on both adjusted EPS and revenue estimates, which could positively impact the stock price in the short term.
The company's guidance for Q3 adjusted EPS and revenue both slightly exceed analyst estimates. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100