How did SOND's Q4 forecast compare to past surprises?
4/7/2025 08:13pm
Sonder Holdings Inc. has not experienced any positive surprises in its quarterly forecasts for Q1, Q2, or Q3 of 2024, with each quarter's forecast missing expectations by some margin. Specifically:
1. **Q3 2024 Forecast**: The latest available data shows that Sonder's Q3 2024 forecast did not exceed market expectations, reflecting a continuation of the trend of underperformance relative to forecasts.
2. **Q2 2024 Forecast**: Similarly, the Q2 2024 forecast also fell short of expectations, indicating a pattern of forecasts that are not meeting market projections.
3. **Q1 2024 Forecast**: In the first quarter of 2024, Sonder's forecast was below what was anticipated, suggesting a consistent pattern of performance that fails to meet market expectations.
Given the consistent trend of Sonder's forecasts failing to meet expectations, it is clear that the company's performance has not shown a strong track record of exceeding market projections. This could be due to various factors including market conditions, company performance, or industry trends. Investors and stakeholders may need to adjust their expectations accordingly and monitor the company's performance closely.