• Smartsheet Inc SMAR.N reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 29 cents to 32 cents per share.

• Revenue rose 16.7% to $286.87 million from a year ago; analysts expected $283.82 million.

• Smartsheet Inc's reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $1.32 million.

• Smartsheet Inc shares had risen by 1.3% this quarter and gained 17.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 16 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Smartsheet Inc is $56.50

This summary was machine generated from LSEG data December 5 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)