Snap SNAP reported fourth-quarter earnings of 3 cents per share on Tuesday, which beat the analyst consensus estimate of 1 cent. This is an increase over losses of 4 cents per share from the same period last year.
The company reported quarterly sales of $560.888 million, which missed the analyst consensus estimate of $562.45 million. This is a 43.88% increase over sales of $389.822 million the same period last year.
Snap sees first-quarter sales of $450-$470 million versus the $461.6 million estimate, and sees an adjusted EBITDA loss of $70-$90 million.
Snap shares closed at $18.98 and were trading lower by 11% in the after-hours session. The stock has a 52-week high of $19.76 and a 52-week low of $6.70.
Related Links:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
