SmartRent Inc <SMRT.N> expected to post a loss of 4 cents a share - Earnings Preview
SmartRent Inc SMRT.N, SMRT.K is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025
The Phoenix Arizona-based company is expected to report a 20.6% decrease in revenue to $40.104 million from $50.49 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on April 10 2025, for the period ended March 31, was for revenue between $40.50 million and $41.50 million.
LSEG's mean analyst estimate for SmartRent Inc is for a loss of 4 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for SmartRent Inc is $1.60, above its last closing price of $0.97.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | -0.04 | -0.03 | -0.06 | Missed | -84.6 |
Sep. 30 2024 | -0.02 | -0.02 | -0.05 | Missed | -185.7 |
Jun. 30 2024 | -0.01 | -0.01 | -0.02 | Missed | -42.9 |
Mar. 31 2024 | -0.01 | -0.01 | -0.01 | Met | 16.7 |
Dec. 31 2023 | -0.01 | -0.01 | -0.02 | Missed | -50 |
Sep. 30 2023 | -0.04 | -0.04 | -0.04 | Met | 11.1 |
Jun. 30 2023 | -0.05 | -0.05 | -0.05 | Met | 3.2 |
Mar. 31 2023 | -0.08 | -0.07 | -0.07 | Met | 5.8 |
This summary was machine generated May 5 at 13:59 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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