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Sonos (SONO) Meets Q3 Earnings Estimates
SONOSSONOS(US:SONO) ZACKS·2025-08-06 22:11

Group 1: Earnings Performance - Sonos reported quarterly earnings of $0.19 per share, matching the Zacks Consensus Estimate, but down from $0.23 per share a year ago [1] - The company posted revenues of $344.76 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 4.73%, but down from $397.15 million year-over-year [2] - Over the last four quarters, Sonos has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2][3] Group 2: Stock Performance and Outlook - Sonos shares have declined approximately 27.8% since the beginning of the year, contrasting with the S&P 500's gain of 7.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is -$0.48 on revenues of $257.78 million, and -$0.80 on revenues of $1.38 billion for the current fiscal year [7] Group 3: Industry Context - The Audio Video Production industry, to which Sonos belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Sonos's stock performance [5][6]