Sonder (NASDAQ:SOND – Get Rating) is set to post its quarterly earnings results after the market closes on Wednesday, May 11th. Analysts expect Sonder to post earnings of -0.41 per share for the quarter. Sonder has set its Q1 2022 guidance at EPS and its FY 2022 guidance at EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.
Sonder (NASDAQ:SOND – Get Rating) last released its quarterly earnings results on Wednesday, March 9th. The company reported -8.98 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of -0.28 by -8.70. The firm had revenue of 86.66 million during the quarter, compared to analysts’ expectations of 58.50 million. On average, analysts expect Sonder to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
SOND stock opened at 4.20 on Wednesday. Sonder has a 1 year low of 3.91 and a 1 year high of 10.88. The business has a fifty day moving average price of 4.71.
An institutional investor recently bought a new position in Sonder stock. Marshall Wace LLP bought a new position in Sonder Holdings Inc. (NASDAQ:SOND – Get Rating) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 899,963 shares of the company’s stock, valued at approximately $8,972,000. Marshall Wace LLP owned about 1.60% of Sonder at the end of the most recent quarter.
Several research firms recently weighed in on SOND. Zacks Investment Research downgraded Sonder from a “hold” rating to a “sell” rating in a research report on Friday, April 29th. JMP Securities lowered their target price on Sonder from $12.00 to $9.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 10th. Citigroup initiated coverage on Sonder in a research report on Tuesday, April 19th. They set a “buy”…