Forecast came true

$SNAP Will Go Lower After Earnings
10 august

$SNAP is going to report its earnings today, EPS consensus is at ($0.15), and average revenue estimate is $186.22M. Previously $SNAP reported almost $2B net loss, most of it is stock-based compensation after the IPO. Most likely the loss wouldn't be that huge. If the stock misses the estimates, it will get hurt right after the report.

Snapchat's DAU has 5% growth on q-o-q basis, significantly lower than expectations. If the stock reports declining growth numbers, it will most likely go down. 

If $SNAP wants the stock to grow, they need to beat EPS, revenue and audience metrics at a time. Missing one of them would hurt. Agree or Disagree? VOTE below.

SNAP, Snap Inc
 

Answered:
5 people

$SNAP Will Go Lower After Earnings

Agreed
5 people
Disagreed
0 people

Forecast came true

Nailed it! SNAP misses revenue estimates, audience isn't growing that fast -> the stock falls sharply