Spotify (SPOT) Q2 Earnings Surpass Estimates

Ahead of this earnings release, the estimate revisions trend for Spotify: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. While Spotify has outperformed the market so far this year, the question that ...