Recap: SMART Glb Q4 Earnings

SMART Glb HldgsSGH stock rose by 18.06% on Wednesday after the company reported its Q4 earnings results on Tuesday, October 12, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

SMART Glb Hldgs beat their estimated earnings by 35.0%, which surprised analysts.

Revenue was up $170,679,000 from the same period last year.

Last quarter the company beat on EPS by $0.3, which was followed by a 17.81% increase in the share price the next day.

Here's a look at SMART Glb Hldgs's past performance and the resulting price change:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.60	1.09	0.80	0.70	0.78
EPS Actual	2.16	1.39	0.87	0.78	0.82
Price Change %	18.06%	17.81%	11.99%	-0.81%	-12.05%

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

SMART Glb Hldgs management provided guidance for their next quarter, expecting earnings between $1.8 and $2.2 per share for the nextquarter.

This represents a -7.41% in quarter-over-quarter growth for SMART Glb Hldgs, a bearish signal to many investors.

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