Spotify Technology (NYSE:SPOT) reported its first quarter results on Wednesday, April 27, 2022 at 7:00 am.
Results
Spotify Technology reports EPS of $0.24. Revenue increased by $398.00 million compared to the same period last year.
Advertisement
Should Investors Sell Immediately? Or is it worth getting started with Spotify S?
Past Profit Development
In the most recent quarter, the company exceeded earnings per share by $0.24, causing its share price to fall 16.76% the next day. Here’s a look at Spotify Technology’s past performance:
| quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS estimate | -0,48 | -0,22 | -0,45 | -0,48 |
| EPS Actual | -0,24 | -0,48 | -0,23 | -0,30 |
| estimate of revenue | 3.00B | 2,85 Mrd. | 2,72 Mrd. | 2,58B |
| Income-Actual | 3,08B | 2.95B | 2,81B | 2,59B |
Buy, hold or sell Spotify S?
How will Spotify S evolve now? Is an entry worthwhile or should investors rather sell? Find out the answers to these questions and why you need to act now in the latest Spotify S analysis.
Spotify S: Buy or sell? Read more here…
—
