Samsara Inc. (IOT) closed at $39.74, reflecting a slight decrease of -0.23% compared to the previous day, as the S&P 500 gained 0.38%. Over the past month, Samsara’s shares have increased by 4.1%, outperforming the Computer and Technology sector, which experienced a 7.5% decline.
On September 5, 2024, Samsara is set to report its earnings, with expectations of an EPS of $0.01, unchanged from the same quarter last year, and projected revenue of $289.39 million, representing a 31.98% increase year-over-year. For the full year, Zacks Consensus Estimates project earnings of $0.13 per share and revenue of $1.21 billion, reflecting year-over-year increases of 85.71% and 29.2%, respectively.
Currently, Samsara has a Zacks Rank of #3 (Hold), indicating a neutral outlook. The company’s Forward P/E ratio stands at 298.73, significantly higher than the industry average of 28.45.
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