FMP
Jun 8, 2023 3:53 PM - Davit Kirakosyan
Smartsheet (NYSE:SMAR) shares plummeted more than 20% intra-day today after the company reported its Q1 earnings results, highlighted by weaker-than-expected billings. EPS of $0.18 was better than the Street estimate of $0.08. Revenue came in at $219.9 million, beating the Street estimate of $214.1 million.
Billings growth decelerated eight points for the third consecutive quarter to 20% year-over-year (and missed consensus for the first time since going public) and Q2 guidance assumes this trend continues to 12% growth.
For Q2/24, management anticipates EPS to be in the range of $0.07-$0.08, compared to the Street estimate of $0.07, and revenue in the range of $228-$231 million, compared to the Street estimate of $230.4 million.
Full-year EPS is expected in the range of $0.37-$0.44, compared to the Street’s $0.35, and revenue in the range of $943-$948 million, compared to the Street’s $946 million.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...