For the quarter ended December 2024, Spotify (SPOT) reported revenue of $4.53 billion, up 14.5% over the same period last year. EPS came in at $1.88, compared to -$0.39 in the year-ago quarter.The reported revenue represents a surprise of +3.81% over the Zacks Consensus Estimate of $4.36 billion. With the consensus EPS estimate being $1.92, the EPS surprise was -2.08%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The operating income for the quarter reached a record €477 million ($509.48 million) and amounted to €1.4 billion ($1.495 billion) for the 2024 fiscal year.Spotify also reported an addition of 35 million monthly active users (MAUs), the largest Q4 net addition in the company’s history, surpassing internal projections of 25 million. This increase brings the total t ...

Spotify (SPOT) shares are jumping around 8% in premarket trading Tuesday, after the Swedish audio streaming giant posted its first full-year profit and quarterly revenue that beat estimates. “Spotify hit some huge milestones, including our first full year of profitability,” Chief Executive Officer Daniel Ek said in a post on X. Spotify, which had been cutting costs in recent years, said fourth-quarter revenue jumped 16% year-over-year to 4.24 billion euros ($4.38 billion). That exceeded the 4.16 billion eu ...

Spotify (SPOT) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $1.92 per share. This compares to loss of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.08%. A quarter ago, it was expected that this music-streaming service operator would post earnings of $1.75 per share when it actually produced earnings of $1.59, delivering a surprise of -9.14%.Over the last four quarters, ...

Q4 2024 Update February 4th, 2025 Table of Contents | Executive Summary | p.03 | | --- | --- | | Key Highlights | p.04 | | Financial Summary | p.06 | | MAUs & Subscribers | p.13 | | Product & Platform | p.16 | | Outlook | p.21 | Financial Statements p.24 2 Executive Summary | USER & FINANCIAL SUMMARY | Q4 2023 | Q3 2024 | Q4 2024 | Y/Y | Q/Q | | --- | --- | --- | --- | --- | --- | | USERS (M) | | | | | | | Total Monthly Active Users ("MAUs") | 602 | 640 | 675 | 12% | 5% | | Premium Subscribers | 236 | 252 | ...

Music streaming name Spotify Technology SA (NYSE:SPOT) is preparing for its latest quarterly earnings report, due out before the open Tuesday, February 4. The stock has a bright earnings history, finishing its last five post-earnings sessions higher and closing only one next-day session lower over the past two years. The stock has already been outperforming on the charts recently, too, hitting a record high of $560.36 just last session before turning lower. Today, the shares were last seen up 0.4% at $550.5 ...

Core Insights - Spotify Technology SA is set to report its fourth-quarter earnings, with Wall Street expecting an EPS of $2.06 and revenues of $4.15 billion [1] - The stock has experienced a significant increase of 145.71% over the past year and 19.83% year-to-date [1] Stock Performance - SPOT stock is currently in a strongly bullish trend, trading at $548.55, above key exponential moving averages (EMAs) for five-day, 20-day, and 50-day periods [2] - The stock remains above its eight-day simple moving average (SMA) of $523.47, 20-day SMA of $493.03, and 50-day SMA of $480.44, indicating short- and medium-term bullish momentum [2] - Long-term strength is confirmed as SPOT stock is well above its 200-day SMA of $371.38, indicating an extended uptrend [2] Technical Indicators - Momentum indicators show both strength and caution, with the Moving Average Convergence Divergence (MACD) at 20.53 supporting continued bullish momentum [3] - The Relative Strength Index (RSI) at 76.7 suggests that SPOT stock is overbought, indicating a potential pullback [3] - Investors are advised to watch for consolidation or correction before considering new positions, as profit-taking could occur at current levels [3] Analyst Ratings - The consensus analyst rating for Spotify stock is currently a Buy, with a price target of $438.39 [4] - Recent analyst ratings from Keybanc, Macquarie, and Cantor Fitzgerald imply a 3.28% upside for Spotify stock, with a price target of $560 [4] - As of the latest check, Spotify stock was up 0.7% at $552.45 [4]

The upcoming report from Spotify (SPOT) is expected to reveal quarterly earnings of $1.92 per share, indicating an increase of 592.3% compared to the year-ago period. Analysts forecast revenues of $4.36 billion, representing an increase of 10.3% year over year.Over the last 30 days, there has been a downward revision of 1.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course ...

Core Insights - The article discusses the investment position of Parkev Tatevosian, CFA, and his affiliation with The Motley Fool, which recommends Spotify Technology [1] Company Analysis - The Motley Fool has positions in and recommends Spotify Technology, indicating a positive outlook on the company's future performance [1]