Spotify (SPOT) Q3 Earnings Lag Estimates

Spotify (SPOT) came out with quarterly earnings of $1.59 per share, missing the Zacks Consensus Estimate of$ 1.75 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.14%. A quarter ago, it was expected that this music-streaming service operator would post earnings of$ 1.08 per share when it actually produced earnings of $1.43, delivering a surprise of 32.41%.Over the last four quart ...