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Spotify (SPOT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
SPOTSpotify(SPOT) ZACKS·2024-11-13 00:06

Spotify (SPOT) reported 4.38billioninrevenueforthequarterendedSeptember2024,representingayearoveryearincreaseof204.38 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 20%. EPS of 1.59 for the same period compares to 0.36ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.36 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 4.37 billion, representing a surprise of +0.36%. The company delivered an EPS surprise of -9.14%, with the consensus EPS estimate being $1.75.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...