AppLovin (APP) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

AppLovin (APP) reported $1.06 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 47.9%. EPS of $0.67 for the same period compares to -$0.01 a year ago.The reported revenue represents a surprise of +9.03% over the Zacks Consensus Estimate of $970.45 million. With the consensus EPS estimate being $0.57, the EPS surprise was +17.54%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...