Unveiling Sonos (SONO) Q4 Outlook: Wall Street Estimates for Key Metrics

Core Viewpoint - Sonos (SONO) is expected to report a quarterly loss of $0.22 per share, reflecting a significant decline of 214.3% year-over-year, alongside anticipated revenues of $252.67 million, which represents a decrease of 17.2% compared to the previous year [1] Group 1: Earnings Estimates - Analysts have maintained the consensus EPS estimate for the quarter over the last 30 days, indicating a reevaluation of initial estimates by analysts covering the stock [1][2] - The correlation between earnings estimate revisions and short-term stock price performance is highlighted as a critical factor for investors [2] Group 2: Revenue Projections - Revenue from Sonos speakers is projected to be $171.83 million, indicating a decline of 23.1% from the year-ago quarter [4] - Revenue from partner products and other revenue is estimated at $19.86 million, showing a slight increase of 1.8% from the prior-year quarter [4] - Revenue from Sonos system products is expected to be $60.55 million, reflecting a decrease of 2.8% from the previous year [5] Group 3: Stock Performance - Over the past month, Sonos shares have increased by 13.5%, outperforming the Zacks S&P 500 composite, which rose by 4.9% [5] - Sonos currently holds a Zacks Rank 3 (Hold), suggesting that its performance may align with the overall market in the near future [5]