Spotify Technology's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Spotify Technology (NYSE:SPOT) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $-0.70. The company's past performance shows a pattern of share price changes following earnings reports. Shares of Spotify Technology were trading at $171.71 as of July 21, with a 56.41% increase over the last 52-week period.
July 24, 2023 | 8:01 pm
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NEUTRAL IMPACT
Spotify's upcoming earnings report could impact its stock price. Past earnings have resulted in share price changes. The stock is currently trading at $171.71, up 56.41% over the last 52 weeks.
The upcoming earnings report is a significant event for Spotify. Given the historical pattern of share price changes following earnings reports, it's likely that this report could also impact the stock price. However, the direction of the impact will depend on the actual earnings compared to estimates and the company's guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100