Spotify (SPOT) Q3 Earnings Lag Estimates
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Spotify (SPOT) reported Q3 earnings of $1.59 per share, missing the Zacks Consensus Estimate of $1.75. This is an improvement from $0.36 per share a year ago.
November 12, 2024 | 11:30 pm
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Spotify's Q3 earnings were $1.59 per share, below the expected $1.75, but an improvement from last year's $0.36 per share.
Spotify's earnings per share missed analyst expectations, which is typically a negative indicator for short-term stock performance. However, the year-over-year improvement may mitigate some negative impact.
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