SmartRent (NYSE: SMRT) is scheduled to reveal its financial results for the third quarter on Wednesday 6th November 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.
According to predictions from financial analysts on Wall Street, the business is expected to report an estimated per share $0.02 loss for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $45.94 million during this period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share loss of $0.04. This significant amount was attributed to the company's remarkable total revenue of $58.1 million generated during that specific period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $211.2 million. At the same time, they are expecting the company to achieve per share loss of $0.09 for the fiscal year ahead.
In addition, The firm will review the third quarter financial results on 6th November 2024 at 11:30 AM eastern time, in a conference call with public.
Throughout Friday's trading, SmartRent (SMRT) shares fluctuated between $1.67 and $1.77, with a trading volume of 1.02 million shares. The stock ended the regular trading session at $1.71, reflecting a gain of 1.18 percent.