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Stock impact report

Why Spotify (SPOT) Outpaced the Stock Market Today [Yahoo! Finance]

Spotify Technology S.A. Ordinary Shares (SPOT) 
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.82% gain on the day. Meanwhile, the Dow lost 0.22%, and the Nasdaq, a tech-heavy index, added 1.77%. Heading into today, shares of the music-streaming service operator had gained 12.44% over the past month, outpacing the Business Services sector's gain of 2.43% and the S&P 500's gain of 0.8% in that time. Market participants will be closely following the financial results of Spotify in its upcoming release. It is anticipated that the company will report an EPS of $2.01, marking a 615.38% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $4.4 billion, reflecting a 11.24% rise from the equivalent quarter last year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.02 per share and revenue of $16.52 billion, indicating changes of +304.07% and +15.31%, respectively, compared to the previous year. Investors should also note any re Show less Read more
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