Spotify Technology Q2 EPS $3.03 Misses $3.29 Estimate, Sales $5.554B Miss $5.600B Estimate
Spotify Technology (NYSE:SPOT) reported quarterly earnings of $3.03 per share which missed the analyst consensus estimate of $3.29 by 7.9 percent. This is a 731.25 percent increase over losses of $(0.48) per share from
Spotify made less money per share than experts predicted, and sold less stuff than expected. When a company misses what people thought it would do, it might mean investors need to think harder about whether the company is growing as fast as hoped.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.