Sprinklr (CXM) Reports Q4: Everything You Need To Know Ahead Of Earnings

Customer experience software provider Sprinklr (NYSE:CXM) will be announcing earnings results tomorrow after market close. Here's what to expect.

Last quarter Sprinklr reported revenues of $186.3 million, up 18.5% year on year, beating analyst revenue expectations by 3.3%. It was a decent quarter for the company, with an impressive beat of analysts' revenue estimates. In addition, its full-year revenue guidance came in higher than Wall Street's estimates. On the other hand, its new large contract wins slowed. The company added 3 enterprise customers paying more than $1m annually to a total of 123.

Is Sprinklr buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Sprinklr's revenue to grow 14.2% year on year to $188.7 million, slowing down from the 21.9% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.09 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 has a history of exceeding Wall St's expectations, beating revenue estimates every single time over the past two years on average by 2.5%.

Looking at Sprinklr'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. The Trade Desk delivered top-line growth of 23.4% year on year, beating analyst estimates by 4% and Squarespace reported revenues up 18.3% year on year, exceeding estimates by 2.9%. The Trade Desk traded up 22.4% on the results, andSquarespace was flat on the results.

Read our full analysis of The Trade Desk's results here and Squarespace's results here.

Investors in the sales and marketing software segment have had steady hands going into the earnings, with the stocks down on average 0.9% over the last month. Sprinklr is up 4% during the same time, and is heading into the earnings with analyst price target of $16.1, compared to share price of $13.23.

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