How did SMWB's Q3 2024 EPS surprise impact investor confidence?
4/8/2025 06:16pm
Similarweb's (SMWB) Q3 2024 EPS surprise had a neutral impact on investor confidence, as evidenced by the stock's performance and analyst consensus rating.
1. **Neutral Impact on Confidence**: The EPS surprise for SMWB in Q3 2024 was $0, with a diluted EPS of -$0.03. This result suggests that the company's actual performance was in line with analysts' expectations, which is generally perceived as a neutral event. It neither positively nor negatively surprises investors, as the company's performance did not exceed nor fall short of expectations.
|code|Ticker|Name|Date|Estimate EPS|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|SMWB|SMWB.N|Similarweb|2023 Q4|0.02|0.04|169|
|SMWB|SMWB.N|Similarweb|2024 Q1|0.02|0.02|169|
|SMWB|SMWB.N|Similarweb|2024 Q2|0.03|0.04|169|
|SMWB|SMWB.N|Similarweb|2024 Q3|0.05|0|169|
2. **Investor Sentiment Unaffected**: The analyst consensus rating for SMWB remains a "Strong Buy". This indicates that analysts continue to have a positive outlook on the stock, despite the neutral EPS surprise. Investors may interpret this as a sign that the company's long-term prospects remain strong, which could support investor confidence.