For the quarter ended September 2024, Sonos (SONO) reported income of $255.38 million, down 16.3% over the identical interval final 12 months. EPS got here in at -$0.18, in comparison with -$0.07 within the year-ago quarter.
The reported income represents a shock of +2.22% over the Zacks Consensus Estimate of $249.83 million. With the consensus EPS estimate being -$0.22, the EPS shock was +18.18%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher undertaking a inventory’s value efficiency.
Right here is how Sonos carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Income by Product Class- Sonos audio system: $178.23 million versus the two-analyst common estimate of $171.83 million. The reported quantity represents a year-over-year change of -20.2%.
- Income by Product Class- Companion merchandise and different income: $18.42 million versus the two-analyst common estimate of $19.86 million. The reported quantity represents a year-over-year change of -5.6%.
- Income by Product Class- Sonos system merchandise: $58.73 million in comparison with the $60.55 million common estimate primarily based on two analysts. The reported quantity represents a change of -5.8% 12 months over 12 months.
View all Key Company Metrics for Sonos here>>>
Shares of Sonos have returned +17% over the previous month versus the Zacks S&P 500 composite’s +3% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.
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Sonos, Inc. (SONO) : Free Stock Analysis Report
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