Sonos (SONO) to Release Earnings on Thursday

Sonos (NASDAQ:SONO) is expected to issue its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $519.48 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Sonos (NASDAQ:SONO) last issued its earnings results on Wednesday, November 13th. The company reported ($0.44) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.22). Sonos had a negative return on equity of 4.97% and a negative net margin of 2.51%. The company had revenue of $255.38 million during the quarter, compared to analysts’ expectations of $247.92 million. During the same quarter in the previous year, the company earned ($0.21) EPS. The firm’s quarterly revenue was down 16.3% compared to the same quarter last year. On average, analysts expect Sonos to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sonos Stock Up 0.4 %

Shares of Sonos stock opened at $13.98 on Thursday. The firm has a market cap of $1.70 billion, a PE ratio of -42.36 and a beta of 1.99. The business has a 50-day moving average price of $14.34 and a 200 day moving average price of $13.18. Sonos has a twelve month low of $10.23 and a twelve month high of $19.76.

Sonos Company Profile

Sonos, Inc, together with its subsidiaries, designs, develops, manufactures, and sells audio products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers wireless, portable, and home theater speakers; components; and accessories. The company offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its website.