Snap Sees Q4 Revenue $1.510B-$1.560B Vs $1.558B Est.
Portfolio Pulse from Benzinga Newsdesk
Snap Inc. has provided its Q4 revenue guidance, estimating between $1.510 billion and $1.560 billion, slightly below the consensus estimate of $1.558 billion.
October 29, 2024 | 8:21 pm
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Snap Inc. has issued Q4 revenue guidance of $1.510 billion to $1.560 billion, which is slightly below the consensus estimate of $1.558 billion. This may indicate potential challenges in meeting market expectations.
Snap's revenue guidance is slightly below market expectations, which could lead to a negative short-term reaction in the stock price as investors may perceive this as a sign of potential challenges in achieving growth targets.
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