SmartRent Inc expected to post a loss of 5 cents a share - Earnings Preview
SmartRent Inc
SMRT,
SMRT is expected to show a fall in quarterly revenue when it reports results on August 6 for the period ending June 30 2025
The Phoenix Arizona-based company is expected to report a 19.9% decrease in revenue to $38.849 million from $48.52 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for SmartRent Inc is for a loss of 5 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for SmartRent Inc is $1.60, about 40% above its last closing price of $0.96