Spotify (SPOT) to Report Q1 Earnings: What's in the Offing?
Spotify(SPOT) Zacks Investment Research·2024-04-20 02:20
Spotify Technology S.A. (SPOT) will report first-quarter 2024 results on Apr 23, before the bell.The company’s earnings surprise history has not been impressive. Earnings lagged the Zacks Consensus Estimate in three of the four trailing quarters and surpassed once, the average negative surprise being 62.5%.Q1 ExpectationsThe Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $3.88 billion, indicating year-over-year growth of 18.9%. The growth of subscribers, monthly active user ...