Spotify (SPOT) Q1 Earnings and Revenues Lag Estimates

分组1 - Spotify reported quarterly earnings of $1.13 per share, missing the Zacks Consensus Estimate of $2.29 per share, representing an earnings surprise of -50.66% [1] - The company posted revenues of $4.41 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 4.08%, compared to year-ago revenues of $3.95 billion [2] - Over the last four quarters, Spotify has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] 分组2 - Spotify shares have increased approximately 33.6% since the beginning of the year, while the S&P 500 has declined by -6% [3] - The current consensus EPS estimate for the coming quarter is $2.46 on revenues of $4.74 billion, and for the current fiscal year, it is $10.61 on revenues of $19.65 billion [7] - The estimate revisions trend for Spotify is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] 分组3 - The Zacks Industry Rank for Internet - Software is currently in the bottom 43% of over 250 Zacks industries, suggesting that the industry outlook can materially impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]