Spotify (SPOT) Q3 Earnings and Revenues Beat Estimates

Spotify (SPOT) came out with quarterly earnings of $3.83 per share, beating the Zacks Consensus Estimate of $1.87 per share. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +104.81%. A quarter ago, it was expected that this music-streaming service operator would post earnings of $2.13 per share when it actually produced a loss of $0.48, delivering a surprise of -122.54%.Over the last four qua ...