Sprinklr (CXM) Beats Q3 Earnings and Revenue Estimates

Core Viewpoint - Sprinklr reported quarterly earnings of $0.10 per share, exceeding the Zacks Consensus Estimate of$ 0.08 per share, but down from $0.11 per share a year ago, indicating a 25% earnings surprise [1][2] Financial Performance - The company achieved revenues of$ 200.69 million for the quarter ended October 2024, surpassing the Zacks Consensus Estimate by 2.10% and showing an increase from $186.33 million year-over-year [2] - Over the last four quarters, Sprinklr has exceeded consensus EPS estimates three times and topped revenue estimates four times [2] Stock Performance - Sprinklr shares have declined approximately 31.5% since the beginning of the year, contrasting with the S&P 500's gain of 26.8% [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.10 on revenues of $196.56 million, and for the current fiscal year, it is$ 0.33 on revenues of $785.04 million [8] - The estimate revisions trend for Sprinklr is mixed, leading to a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [7] Industry Context - The Technology Services industry, to which Sprinklr belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9]