Here's What Key Metrics Tell Us About Sonos (SONO) Q1 Earnings

Sonos (SONO) reported $550.86 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 10.1%. EPS of $0.64 for the same period compares to $0.84 a year ago.The reported revenue represents a surprise of +4.91% over the Zacks Consensus Estimate of $525.06 million. With the consensus EPS estimate being $0.36, the EPS surprise was +77.78%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Sonos performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue by Product Category- Sonos speakers: $467.14 million versus the two-analyst average estimate of $427.35 million. The reported number represents a year-over-year change of -7.1%. Revenue by Product Category- Partner products and other revenue: $23.44 million versus the two-analyst average estimate of $22.90 million. The reported number represents a year-over-year change of -7.3%. Revenue by Product Category- Sonos system products: $60.27 million versus the two-analyst average estimate of $76.55 million. The reported number represents a year-over-year change of -28.7%. View all Key Company Metrics for Sonos here>>>Shares of Sonos have returned -3.3% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sonos, Inc. (SONO): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks