Samsara to Report Earnings Thursday After Market Close

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2▲1 ▼0Impact / 5
Summary · why it matters

Samsara, the IoT solutions provider, will report earnings this Thursday after market close, with analysts expecting revenue to grow 23.5% year on year, slowing from the 30.4% increase in the same quarter last year. Last quarter, Samsara beat revenue expectations with $478.8 million, up 30.5% year on year, and also exceeded adjusted operating income estimates. Analysts have generally reconfirmed their estimates over the past 30 days, and Samsara has a history of beating Wall Street expectations. In the data analytics segment, peers Palantir Technologies and CLEAR Secure have already reported strong results, with Palantir's revenue up 92.8% and CLEAR Secure up 26.6%. Samsara's shares are up 6.2% over the last month, with an average analyst price target of $45.66 versus the current price of $39.45.

Impact on assets 5

Artificial Intelligence▲ · 2 stocks
Smart City / Autonomous Infrastructure▲ · 1 stocks
Samsara Inc
IOT
± MixedCapitalrelevance

Earnings report upcoming; past beats and analyst estimates suggest potential positive, but actual results unknown.

Defense & Geopolitical Fragmentation▲ · 1 stocks
Palantir Technologies Inc.
PLTR
▲ PositiveDemandrelevance

Peer Palantir reported strong revenue growth, indicating sector demand, but Samsara's own results pending.

Cybersecurity & Digital Trust▲ · 1 stocks