SmartRent Shares Drop on 4Q Loss, Dim Outlook [MarketWatch]
SmartRent, Inc. Class A (SMRT)
US:NASDAQ Investor Relations:
ir.steinmart.com/investor-relations
Company Research
Source: MarketWatch
The stock was down 9.3% at $2.62 in early trading. Shares are now down 17% year-to-date. Advertisement The provider of smart home and property technology reported Tuesday morning that its fourth-quarter loss narrowed to $3.3 million, or 2 cents a share, from $21.4 million, or 11 cents a share, last year. Analysts had been expecting a loss of just 1 cent a share, according to FactSet. SmartRent also provided guidance of $260 million to $290 million in 2024 revenue. Analysts polled by FactSet had been projecting $289.3 million. Write to Dean Seal at dean.seal@wsj.com
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News
- SmartRent: An Activist Emerges [Seeking Alpha]Seeking Alpha
- SmartRent, Inc. (NYSE: SMRT) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $3.25 price target on the stock.MarketBeat
- Land & Buildings Sends Letter to SmartRent's Board of Directors Outlining the Need to Explore Strategic Alternatives [Yahoo! Finance]Yahoo! Finance
- Land & Buildings Sends Letter to SmartRent’s Board of Directors Outlining the Need to Explore Strategic AlternativesBusiness Wire
- SmartRent, Inc. (NYSE:SMRT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
SMRT
Earnings
- 5/8/24 - Miss
SMRT
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- SMRT's page on the SEC website