Sprout Social (SPT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Sprout Social, Inc. (NASDAQ:SPT ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Alex Kurtz – Vice President-Investor Relations and Corporate Development Ryan Barretto – Chief Executive Officer Joe Del Preto – Chief Financial Officer Conference Call Participants Raimo Lenschow – Barclays Rob Oliver – Baird Elizabeth Porter – Morgan Stanley David Hynes – Canaccord Genuity Greyson Sklba – Goldman Sachs Rob Morelli – Needham Allan Verkhovski – Scotiabank Arjun Bhatia – William Blair & Company Brian Schwartz – Oppenheimer Jackson Ader – KeyBanc Capital Markets Operator Thank you for standing by. My name is Kate, and I will be your conference operator today.
The headline numbers for Sprout Social (SPT) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Sprout Social (SPT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.10 per share a year ago.
I'm upgrading Sprout Social to a buy rating, as the company's valuation has dropped to ~2.6x forward revenue (less than half where peers are trading). The company is due to report earnings on May 8, which has a large chance of being "better than feared." As a marketing software company, Sprout Social does face macro volatility. But its seat-based pricing and shift to enterprise will help to cushion against too much churn.
I am upgrading Sprout Social to a buy rating due to strong enterprise momentum and attractive valuation, despite conservative FY25 revenue growth guidance. SPT's success with large enterprise customers, highlighted by a major Fortune 500 contract, indicates strong potential for upselling premium features. Forward indicators like cRPO and billings growth suggest potential for revenue beat and raise, despite management's cautious FY25 guidance.
Sprout Social (SPT -2.44%), a leading provider in social media management, recently released its fourth quarter 2024 earnings report on February 25, 2025. The company revealed strong performance, with key financial metrics surpassing both analyst estimates and its own management expectations.
Sprout Social, Inc. (SPT) Q4 2024 Earnings Call Transcript
Sprout Social (SPT) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.02 per share a year ago.
NEW YORK CITY, NY / ACCESSWIRE / January 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sprout Social, Inc. ("Sprout" or "the Company") (NASDAQ:SPT). Investors who purchased Sprout securities prior to November 3, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPT.
NEW YORK CITY, NY / ACCESSWIRE / January 13, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sprout Social, Inc. ("Sprout" or "the Company") (NASDAQ:SPT). Investors who purchased Sprout securities prior to November 3, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPT.
NEW YORK CITY, NY / ACCESSWIRE / January 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sprout Social, Inc. ("Sprout" or "the Company") (NASDAQ:SPT). Investors who purchased Sprout securities prior to November 3, 2021, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPT.