Sonos (NASDAQ:SONO) will report earnings after the bell on Tuesday. Last quarter, Sonos beat revenue expectations by 3.5%, with revenues of $287.9 million, up 12.7% year on year. Analysts expect a 2.4% decline in revenue to $537.5 million this quarter. Sonos has a history of surpassing Wall Street’s expectations, beating revenue estimates by 3.2% on average over the past two years. Peers like Apple and Deckers have reported positive revenue growth, with Deckers stock up 19.2%. Sonos stock is down 21.5% in the last month, with an average analyst price target of $19.13.

Read more at StockStory Media: Sonos (SONO) Q4 Earnings Report Preview: What To Look For