Smartsheet Inc. Provides Earnings Guidance for the Second Quarter and for the Fiscal Year 2025 (2024)

SMARTSHEET INC.

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Smartsheet Inc.

Equities

SMAR

US83200N1037

Software
Market Closed - Nyse

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04:00:02 2024-06-05 pm EDT
5-day change 1st Jan Change
37.78 USD +0.45% Smartsheet Inc. Provides Earnings Guidance for the Second Quarter and for the Fiscal Year 2025 (2) -3.75% -21.00%
Jun. 05 Smartsheet Stock Rise After Higher Q1 Non-GAAP Earnings, Revenue MT
Jun. 05 Transcript : Smartsheet Inc., Q1 2025 Earnings Call, Jun 05, 2024

June 05, 2024 at 04:05 pm EDT

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Smartsheet Inc. provided earnings guidance for the second quarter and for the fiscal year 2025. For the second quarter, the company expects Total revenue of $273 million to $275 million, representing year-over-year growth of 16% to 17%

For the period, the company expects Total revenue of $1,116 million to $1,121 million, representing year-over-year growth of 16% to 17%.

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© S&P Capital IQ - 2024

Latest news about Smartsheet Inc.

Smartsheet Stock Rise After Higher Q1 Non-GAAP Earnings, Revenue MT
Transcript : Smartsheet Inc., Q1 2025 Earnings Call, Jun 05, 2024
Smartsheet Guides For FY 2025 EPS of $1.22-$1.29 on Revenue of $1.116-$1.121 Billion, vs CIQ Analyst Consensus of $1.11/Share on Revenue of $1.12 Billion MT
Smartsheet Guides For Q2 EPS of $0.28-$0.29 on Revenue of $273-$275 Million, vs CIQ Analyst Consensus of $0.25/Share on Revenue of $274 Million MT
Earnings Flash (SMAR) SMARTSHEET Reports Q1 Revenue $263M, vs. Street Est of $258.2M MT
Earnings Flash (SMAR) SMARTSHEET Posts Q1 EPS $0.32, vs. Street Est of $0.27 MT
Smartsheet Inc. Reports Earnings Results for the First Quarter Ended April 30, 2024 CI
Smartsheet Inc. Provides Earnings Guidance for the Second Quarter and for the Fiscal Year 2025 CI
Equity Markets Rise as Traders Weigh Economic Reports MT
Equity Markets Rise Intraday as Traders Weigh Economic Reports MT
Futures Advance Pre-Bell as Traders Await Last Few Corporate Earnings; Asia Mixed, Europe Strong MT
Smartsheet Inc. Announces the General Availability of New AI and Resource Management Features That Offer Actionable Analysis, Insights, and Enhanced Visibility for Enterprises CI
Smartsheet Launching $150 Million Share Buyback Plan MT
Smartsheet Inc. announces an Equity Buyback for $150 million worth of its shares. CI
Smartsheet Inc. authorizes a Buyback Plan. CI
Smartsheet Appoints Jo Deal as Chief People Officer CI
Smartsheet Inc. Announces Board Changes CI
Canaccord Genuity Adjusts Price Target on Smartsheet to $45 From $55, Maintains Buy Rating MT
Morgan Stanley Adjusts Smartsheet's Price Target to $51 From $56, Maintains Overweight Rating MT
Smartsheet Shares Fall After Analysts Cut Price Targets Over Guidance Miss MT
UBS Adjusts Smartsheet Price Target to $54 From $60, Maintains Buy Rating MT
DA Davidson Cuts Smartsheet's Price Target to $55 From $65, Maintains Buy Rating MT
JPMorgan Adjusts Price Target on Smartsheet to $50 From $54, Maintains Overweight Rating MT
Wells Fargo Adjusts Price Target on Smartsheet to $47 From $55, Maintains Overweight Rating MT
Jefferies Adjusts Price Target on Smartsheet to $50 From $57, Maintains Buy Rating MT

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Smartsheet Inc. Provides Earnings Guidance for the Second Quarter and for the Fiscal Year 2025 (3)

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Smartsheet Inc. offers an enterprise platform for modern work management, enabling teams and organizations of all sizes to plan, capture, manage, automate, and report on work at scale. The Company’s platform enables teams of all sizes to manage custom processes, programs, and portfolios that fit the way they work. It delivers its cloud-based software platform through a subscription model globally. Its products include Smartsheet, WorkApps, Smartsheet Advance, Smartsheet Safeguard, Connectors, Control Center, Dynamic View, Data Shuttle, Bridge, Calendar App, Pivot App, DataMesh, Resource Management and Brandfolder. The Smartsheet is offered in a number of packages to meet the needs of customers looking to manage their programs, projects, and portfolios. In addition to its Smartsheet offering, it sells additional product offerings, referred to as Premium Apps and Connectors, enabling customers to build more complex solutions to address the demanding business work management need.

Sector

Software

Calendar

2024-06-18 - Annual General Meeting

More about the company

Income Statement Evolution

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Analysis / Opinion

Smartsheet Inc. : Making work easier March 15, 2024 at 12:24 am EDT

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Ratings for Smartsheet Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Smartsheet Inc. Provides Earnings Guidance for the Second Quarter and for the Fiscal Year 2025 (5)

Buy

Mean consensus

BUY

Number of Analysts

21

Last Close Price

37.78USD

Average target price

49.26USD

Spread / Average Target

+30.39%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Enterprise Software

1st Jan change Capi.

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Smartsheet Inc. Provides Earnings Guidance for the Second Quarter and for the Fiscal Year 2025 (16)

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Smartsheet Inc. Provides Earnings Guidance for the Second Quarter and for the Fiscal Year 2025 (2024)

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