Sprouts Farmers Market Inc (SFM, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $1.88 billion, and the earnings are expected to come in at $0.77 per share. The full year 2024's revenue is expected to be $7.52 billion and the earnings are expected to be $3.41 per share. More detailed estimate data can be found on the Forecast page.
Sprouts Farmers Market Inc (SFM, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Sprouts Farmers Market Inc (SFM) for the full year 2024 have increased from $7.40 billion to $7.52 billion, and for 2025, estimates have risen from $8.07 billion to $8.23 billion. Similarly, earnings estimates have increased for the full year 2024 from $3.13 per share to $3.41 per share, and for 2025, from $3.33 per share to $3.72 per share.
Sprouts Farmers Market Inc (SFM, Financial) Reported History
In the previous quarter of June 30, 2024, Sprouts Farmers Market Inc's (SFM) actual revenue was $1.89 billion, which beat analysts' revenue expectations of $1.84 billion by 3.09%. Sprouts Farmers Market Inc's (SFM) actual earnings were $0.94 per share, which beat analysts' earnings expectations of $0.78 per share by 20.51%. After releasing the results, Sprouts Farmers Market Inc (SFM) was up by 13.25% in one day.
Sprouts Farmers Market Inc (SFM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 11 analysts, the average target price for Sprouts Farmers Market Inc (SFM) is $100.18 with a high estimate of $135 and a low estimate of $43. The average target implies a downside of -16.64% from the current price of $120.18.
Based on GuruFocus estimates, the estimated GF Value for Sprouts Farmers Market Inc (SFM, Financial) in one year is $47.07, suggesting a downside of -60.83% from the current price of $120.18.
Based on the consensus recommendation from 16 brokerage firms, Sprouts Farmers Market Inc's (SFM, Financial) average brokerage recommendation is currently 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
