Spotify (SPOT) Reports Q4 Loss, Misses Revenue Estimates
SPOTSpotify(SPOT) Zacks Investment Research·2024-02-06 21:16

Spotify (SPOT) came out with a quarterly loss of 0.39pershareversustheZacksConsensusEstimateofalossof0.39 per share versus the Zacks Consensus Estimate of a loss of 0.08. This compares to loss of 1.43pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−387.501.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -387.50%. A quarter ago, it was expected that this music-streaming service operator would post a loss of 0.21 per share when it actually produced earnings of $0.36, delivering a surprise of 271.43%. Over the last four quarters, ...