Workflow
Smartsheet(SMAR)
icon
Search documents
Smartsheet Ahead of Q2 Earnings: Should You Invest in the Stock?
ZACKS· 2024-09-03 16:56
Smartsheet Inc (SMAR) is slated to report second-quarter fiscal 2025 results on Sept. 5. For the fiscal second quarter, SMAR expects revenues in the range of $273-$275 million, suggesting 16-17% year-over-year growth. The Zacks Consensus Estimate for fiscal second-quarter revenues is pegged at $274.06 million, indicating a rise of 16.33% from the figure reported in the year-ago quarter. The consensus estimate for fiscal second-quarter earnings is pegged at 29 cents per share, unchanged in the past 30 days. ...
Smartsheet: Private Takeout Interest Could Finally Unlock Its Real Value
Seeking Alpha· 2024-08-01 05:50
Daniel Grizelj/DigitalVision via Getty Images Smartsheet (NYSE:SMAR) is a well-established player in the competitive Project and Work Management [PWM] software space with its easy-to-use platform, especially popular among large enterprises. For long, I've been arguing that Smartsheet has a strong business model, being able to operate as a Rule of 40 company in the longer run, thanks to its sticky PWM platform. In my latest article on the company, I concluded: Smartsheet tests the patience of investors, but ...
Smartsheet (SMAR) Upgraded to Buy: Here's Why
ZACKS· 2024-07-10 17:00
Smartsheet (SMAR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Individual inv ...
Smartsheet (SMAR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-06-07 03:32
For the quarter ended April 2024, Smartsheet (SMAR) reported revenue of $262.98 million, up 19.6% over the same period last year. EPS came in at $0.32, compared to $0.18 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $258.06 million, representing a surprise of +1.91%. The company delivered an EPS surprise of +18.52%, with the consensus EPS estimate being $0.27. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
Smartsheet(SMAR) - 2025 Q1 - Quarterly Report
2024-06-06 20:37
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-38464 Smartsheet Inc. (Exact name of Registrant as specified in its charter) Washington 20-2954357 (State or other jurisdiction of incorporati ...
Smartsheet Stock Headed for Best Day Ever
Schaeffers Investment Research· 2024-06-06 14:53
Shares of Smartsheet Inc (NYSE:SMAR) are soaring today, up 18.7% at $44.85 at last look, following the software name's better-than-expected first-quarter results. No fewer than 11 analysts raised their price targets after the event, while Needham reaffirmed its "buy" rating. Should SMAR remain above a 17.8% gain today, it will beat out its March 15, 2023 win for its largest singleday percentage gain ever. Jumping above the 320-day moving average, which rejected the stock's May rally, the stock is trading at ...
Smartsheet(SMAR) - 2025 Q1 - Earnings Call Transcript
2024-06-06 00:20
Smartsheet Inc. (NYSE:SMAR) Q1 2025 Earnings Conference Call June 5, 2024 4:30 PM ET Company Participants Aaron Turner - Head of Investor Relations Mark Mader - President and Chief Executive Officer Pete Godbole - Chief Financial Officer Conference Call Participants John DiFucci - Guggenheim Securities Scott Berg - Needham & Company Joshua Baer - Morgan Stanley Terry Tillman - Truist Securities Rishi Jaluria - RBC Capital Markets Alex Zukin - Wolfe Research George Iwanyc - Oppenheimer Michael Berg - Wells F ...
Smartsheet (SMAR) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2024-06-05 22:16
Smartsheet (SMAR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 18.52%. A quarter ago, it was expected that this maker of a cloud-based work-management platform would post earnings of $0.18 per share when it actually produced earnings of $0.34, delivering a surprise of 88.89%. Ove ...
Smartsheet(SMAR) - 2025 Q1 - Quarterly Results
2024-06-05 20:06
Smartsheet Inc. Announces First Quarter Fiscal Year 2025 Results BELLEVUE, Wash. - June 5, 2024 - Smartsheet Inc. (NYSE: SMAR), the enterprise work management platform, today announced financial results for its first fiscal quarter ended April 30, 2024. "We delivered a strong finish to Q1, making steady progress throughout the quarter," said Mark Mader, CEO of Smartsheet. "We continue to see significant demand from our enterprise customers and now have 72 customers with annualized recurring revenue over $1 ...
Why Smartsheet Stock is an Undervalued Gem of an Investment
MarketBeat· 2024-06-03 15:23
Get Smartsheet alerts: Key Points While Excel gives Microsoft Co. NASDAQ: MSFT the dominating position in data analysis and visualization software, as it is globally accepted through education and corporations, it is far from perfect. Regarding project management, platforms like Smartsheet Inc. NYSE: SMAR take the lead but aren't as widely followed as other peers like Salesforce Inc. NYSE: CRM. Being under the radar may be a bummer for impatient investors. Still, it can also be a blessing in disguise to avo ...