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0.001327571109793 -0.00290935796401434 -0.00114397084992794 -0.00300115809394687 -0.00326243538683167 -0.0149139903398017 -0.00467474507810074 -0.00820551930627355
Stock impact report

Sonos to Report Q4 Earnings: Here's What Investors Should Know [Yahoo! Finance]

Sonos, Inc. (SONO) 
Last sonos, inc. earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
For the quarter, SONO anticipates revenues between $240 million and $260 million. The Zacks Consensus Estimate for revenues is pegged at $252.7 million, indicating a decrease of 17.2% from the year-ago reported number. The consensus estimate for the bottom line is pegged at a loss of 22 cents compared with a loss of 7 cents reported in the prior year. Image Source: Zacks Investment Research The company's earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while missing in the remaining occasions. It delivered a trailing four-quarter average negative earnings surprise of 1.2%. In the past year, shares of SONO have gained 35.2% against the sub-industry's growth of 16.6%. Sonos revised its fourth-quarter fiscal 2024 expectations due to challenges with the new app rollout. The app redesign fiasco is likely to have affected fourth-quarter revenues in two ways: lower sales across the portfolio owing to app issues and the decision to delay two major produ Show less Read more
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