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Spotify (SPOT) Surpasses Q3 Earnings and Revenue Estimates
Spotify (SPOT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of a loss of $0.40 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 202.50%. A quarter ago, it was expected that this music-streaming service operator would post a loss of $0.51 per share when it actually produced a loss of $0.47, delivering a surprise of 7.84%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Spotify, which belongs to the Zacks Technology Services industry, posted revenues of $1.97 billion for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 2.80%. This compares to year-ago revenues of $1.57 billion.
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https://finance.yahoo.com/news/spotify-s...11520.html
![[Bild: SPOTc1dl1730.png]](https://finviz.com/publish/102919/SPOTc1dl1730.png)
Spotify (SPOT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of a loss of $0.40 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 202.50%. A quarter ago, it was expected that this music-streaming service operator would post a loss of $0.51 per share when it actually produced a loss of $0.47, delivering a surprise of 7.84%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Spotify, which belongs to the Zacks Technology Services industry, posted revenues of $1.97 billion for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 2.80%. This compares to year-ago revenues of $1.57 billion.
...
https://finance.yahoo.com/news/spotify-s...11520.html
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