Similarweb Q4 Adjusted EPS $0.03 Beats by 348%, Revenue $72.8M Misses
Similarweb reported adjusted EPS of $0.03 in Q4, exceeding the $0.01 consensus and reversing a year-ago $0.03 loss, marking a 348% earnings surprise while revenue rose 11% to $72.8 million but missed estimates by 3.9%. Shares have declined 46.9% year-to-date despite three EPS beats in four quarters.
1. Q4 Earnings Performance
Similarweb delivered adjusted earnings of $0.03 per share in Q4, surpassing the $0.01 consensus by 347.8% and reversing a year-ago loss of $0.03. This marked the third EPS beat in four quarters and followed a 150% surprise in the prior period.
2. Revenue and Growth Trends
Revenue for the quarter reached $72.8 million, up 11% from $65.6 million a year earlier but missing the $75.7 million consensus by 3.9%. The company has topped revenue estimates in two of the last four quarters.
3. Share Price Movement
Similarweb’s shares have declined 46.9% year-to-date compared with a 0.1% drop in the S&P 500, reflecting investor concerns despite recent earnings outperformance. The stock’s performance has been influenced by mixed estimate revisions and broader market volatility in the Internet - Content sector.
4. Forward Estimates and Industry Position
Analysts forecast $0.04 EPS on $77.3 million in revenue for the upcoming quarter and $0.15 EPS on $320.0 million for the fiscal year, while the Internet - Content industry ranks in the top 20% of 250 industries. Continued estimate revisions and management commentary will be key to tracking future stock movement.