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SEMrush (SEMR) Q4 Earnings Report Preview: What To Look For


SEMrush (SEMR) Q4 Earnings Report Preview: What To Look For

 

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Marketing analytics software Semrush (NYSE:SEMR)
will be reporting earnings tomorrow after market hours. Here’s what you need to know.

Last quarter SEMrush reported revenues of $78.72 million, up 19.6% year on year, missing analyst expectations by 0%. It was a weaker quarter for the company, with underwhelming revenue guidance for the next quarter and decelerating customer growth. The company added 2,800 customers to a total of 106,800.

Is SEMrush buy or sell heading into the earnings? Find out by reading the original article on StockStory.

This quarter analysts are expecting SEMrush’s revenue to grow 20.9% year on year to $83.13 million, slowing down from the 28% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.03 per share.

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company only missed Wall St’s revenue estimates once over the last two years, and has on average exceeded top line expectations by 1.9%.

Looking at SEMrush’s peers in the sales and marketing software segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. Shopify (NYSE:SHOP) delivered top-line growth of 23.6% year on year, beating analyst estimates by 3.4% and HubSpot (NYSE:HUBS) reported revenues up 23.9% year on year, exceeding estimates by 4.1%. Shopify traded down 8.3% on the results, HubSpot was up 5.3%.

Read the full analysis of Shopify’s and HubSpot’s results on StockStory.

There has been positive sentiment among investors in the sales and marketing software segment, with the stocks up on average 3.7% over the last month. SEMrush is up 15.9% during the same time, and is heading into the earnings with analyst price target of $13.5, compared to share price of $12.9.

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