Gear Up for Spotify (SPOT) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Spotify is expected to report a quarterly earnings per share (EPS) of $2.95, marking a 56.9% increase year-over-year, with revenues projected at $5.16 billion, reflecting a 14% year-over-year growth [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 7.5% over the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are crucial for predicting investor actions, as empirical research shows a strong correlation between these revisions and short-term stock price performance [3]. Key Metrics Forecast - Total Monthly Active Users (MAUs) are projected to reach 745.41 million, up from 675.00 million in the same quarter last year [5]. - Premium Subscribers are expected to hit 289.27 million, compared to 263.00 million a year ago [5]. - Ad-Supported MAUs are forecasted to reach 470.00 million, an increase from 425.00 million in the previous year [5]. Stock Performance - Spotify shares have decreased by 22.7% in the past month, while the Zacks S&P 500 composite has increased by 0.5% [6]. - With a Zacks Rank of 3 (Hold), Spotify is anticipated to closely follow overall market performance in the near term [6].