Snap SNAP unveils its next round of earnings this Thursday, Oct. 25. Get prepared with Benzinga's ultimate preview for Snap's Q3 earnings.
Earnings and Revenue
Snap EPS is expected to be around a loss of 14 cents, according to sell-side analysts. Sales will likely be near $283.52 million.
In the same quarter last year, Snap reported an EPS loss of 14 cents on revenue of $207.9 million. Sales would be up 36.35 percent on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | -0.17 | -0.17 | -0.16 | -0.15 |
| EPS Actual | -0.14 | -0.17 | -0.13 | -0.14 |
Stock Performance
Over the past 52-week period, shares of Snap have declined 55.98 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have not modified their estimates for EPS and revenues over the past 90 days. The average rating by analysts on Snap stock is a Sell. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Snap's Q3 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://investor.snap.com/events-and-presentations/events
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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