Samsara (NYSE:IOT) is preparing to release its quarterly earnings on Thursday, 2024-12-05. Here’s a brief overview of what investors should keep in mind before the announcement.
Analysts expect Samsara to report an earnings per share (EPS) of $0.04.
Investors in Samsara are eagerly awaiting the company’s announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It’s worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Past Earnings Performance
The company’s EPS beat by $0.04 in the last quarter, leading to a 13.6% increase in the share price on the following day.
Here’s a look at Samsara’s past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.01
-0.01
0.03
0.01
EPS Actual
0.05
0.03
0.04
0.04
Price Change %
14.000000000000002%
-12.0%
14.000000000000002%
26.0%
Market Performance of Samsara’s Stock
Shares of Samsara were trading at $54.63 as of December 03. Over the last 52-week period, shares are up 61.96%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analysts’ Take on Samsara
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Samsara.
With 15 analyst ratings, Samsara has a consensus …