On Tuesday, October 20, Snap SNAP will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Sell-side analysts are expecting Snap's loss per share to be near ($0.05) on sales of $549.83 million. Snap EPS in the same period a year ago totaled $0.04. Revenue was $446.20 million. If the company were to report earnings in line when it publishes results Tuesday, earnings would be down 25.0%. Sales would be up 23.23% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.10 | -0.07 | 0.01 | -0.05 |
| EPS Actual | -0.09 | -0.08 | 0.03 | -0.04 |
| Revenue Estimate | 433.11 M | 431.43 M | 562.45 M | 434.61 M |
| Revenue Actual | 454.16 M | 462.48 M | 560.89 M | 446.20 M |
Stock Performance
Over the last 52-week period, shares are up 106.52%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. Snap is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/snap/mediaframe/39317/indexr.html
© 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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