Earnings Preview For SmartRent, Inc. Class A Common Stock

SmartRent, Inc. Class A Common Stock SMRT is set to give its latest quarterly earnings report on Wednesday, 2023-03-08. Here's what investors need to know before the announcement.

Analysts estimate that SmartRent, Inc. Class A Common Stock will report an earnings per share (EPS) of $-0.10.

SmartRent, Inc. Class A Common Stock bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Historical Earnings Performance

Last quarter the company missed EPS by $0.02, which was followed by a 13.18% increase in the share price the next day.

Here's a look at SmartRent, Inc. Class A Common Stock's past performance and the resulting price change:

Stock Performance

Shares of SmartRent, Inc. Class A Common Stock were trading at $2.83 as of March 06. Over the last 52-week period, shares are down 59.29%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for SmartRent, Inc. Class A Common Stock visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.