Snap opens the books – that’s what experts expect.
Snap will present the quarterly figures for the most recent annual quarter – closing date September 30, 2023 – in the financial conference on October 24th, 2023.
On average, 30 analysts estimate that Snap made a loss of -$0.242 per share in the most recent quarter. In the same quarter last year it was -0.220 USD per share.
On the revenue side, according to 32 analysts, Snap posted an average of $1.11 billion in the last quarter. This would correspond to a decline in sales of 1.67 percent compared to the previous year. At that time, Snap had sales of $1.13 billion.
Looking ahead to the fiscal year, the average estimate from 34 analysts is for a loss per share of -$0.847, compared to -$0.890 per share last year. On the revenue side, 36 analysts are forecasting an average of $4.50 billion, up from $4.60 billion last year.
Editorial team finanzen.net
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