AppLovin (APP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

AppLovin (APP) reported $1.08 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 44%. EPS of $0.89 for the same period compares to $0.22 a year ago.The reported revenue represents a surprise of +0.13% over the Zacks Consensus Estimate of $1.08 billion. With the consensus EPS estimate being $0.77, the EPS surprise was +15.58%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...