Snap stock

2023 - 1 - 31

Stocks making the biggest moves after hours: Snap, Electronic Arts ... (CNBC)

Check out the companies making headlines in after hours trading. Snap – Shares of social media company Snap sank 14% after the company reported quarterly ...

[Advanced Micro Devices](/quotes/AMD/) – Shares of AMD rose 3% after the company reported [earnings that beat Wall Street's sales and profit expectations.](https://www.cnbc.com/2023/01/31/amd-earnings-q4-2022.html) The chipmaker had adjusted earnings per share of $0.69 on $5.6 billion in revenue where analysts expected $0.67 per share adjusted and $5.5 billion in revenue, according to Refinitiv. The company said it expects revenue in the upcoming quarter to be lower than it previously guided. [Snap](/quotes/SNAP/) – Shares of social media company Snap sank 14% after the company reported quarterly [revenue that was lower than Wall Street expected](https://www.cnbc.com/2023/01/31/snap-earnings-q4-2022.html). Still, the company said it expects revenue to dip in the first quarter. Shares of [Meta](/quotes/META/) also fell 1.4% and [Electronic Arts](/quotes/EA/) – Shares of entertainment company Electronic Arts shed 6.7% after the company reported $2.34 billion in revenue, less than the $2.51 billion analysts expected, per Refinitiv. The company also said it expects bookings to be lower than previously expected going forward.

Snap earnings: What to expect (MarketWatch)

Snap shares are known to make big swings after earnings — falling at least 28% in each of the company's past two reports — and other social-media stocks tend to ...

“Given content consumption makes up the majority of the ad revenue today, we fear that declines in time spent in SNAP’s core markets could limit the advertising opportunity,” he wrote. Those factors “will be key to supporting the stock,” in his view. On Estimize, the average projection is for $1.30 billion in revenue. [GOOGL,](/investing/stock/GOOGL?mod=MW_story_quote) +1.96% [GOOG,](/investing/stock/GOOG?mod=MW_story_quote), both of which are due out later in the week. According to Estimize, which crowdsources projections from hedge funds, academics, and others, the average estimate calls for 12 cents a share in adjusted earnings. Snap’s [SNAP, +4.24%](/investing/stock/SNAP?mod=MW_story_quote)Tuesday afternoon report will show whether conditions improved at all since the time of that grim warning.

Snap stock plunges 15% as revenue growth stalls (CNN)

Snap's quarterly revenue was just shy of $1.3 billion, essentially flat from the year prior. For the full year, Snap's revenue grew 12%, a slower rate that the ...

The company reported having 375 million daily active users in the quarter, an increase of 17%. Perhaps the lone bright spot for Snap in the results is its audience. It estimates revenue for the first three months of the year will be down between 2% and 10% compared to the previous year. in the near term.” Snap said it has already seen a roughly 7% revenue decline so far in the first quarter compared to the year prior. Snap’s quarterly revenue was just shy of $1.3 billion, essentially flat from the year prior.

Snap Stock Tumbles on Earnings (Barron's)

Snap SNAP +1.65% stock was sinking in late trading Tuesday after the Snapchat parent missed earnings expectations and said it expects a first-quarter sales ...

Its non-GAAP, or adjusted, earnings were 14 cents a share. Snap said its fourth-quarter net loss was $288.5 million, or 18 cents a share, compared to analyst expectations for a loss of 11 cents a share. Snap Stock Tumbles on Earnings.

Snap Quarterly Results Top Earnings Views, Miss Revenue Estimates (Investor's Business Daily)

Snap's stock dropped late Tuesday after it reported fourth-quarter results that missed revenue estimates but beat earnings per share views.

[Battered E-Commerce Retailer Jumps 23% On Positive Stock Upgrade](https://www.investors.com/news/technology/w-stock-wayfair-soars-on-positive-upgrade/) [Why Meta's Troubles May Now Be Easing After A Difficult Year](https://www.investors.com/news/technology/meta-stock-gets-a-price-target-increase/) [When To Sell Growth Stocks: This Could Be Your No. [IBD's 2023 Best Online Broker Survey](https://www.investors.com/best-online-brokers-2023/)? [AAPL](https://research.investors.com/quote.aspx?symbol=AAPL)) that led to a discomforting decline in revenue. Analysts looked for Snap to report earnings of 11 cents a share on revenue of $1.31 billion. "However, more adjustments may be necessary if the environment further deteriorates." 1 Rule](https://www.investors.com/how-to-invest/investors-corner/when-to-sell-growth-stocks-number-1-rule/) [See Stocks On The List Of Market Leaders With IBD Leaderboard](https://www.investors.com/product/leaderboard/?artProdLink=Leaderboard) [Join IBD Live And Learn Top Chart Reading And Trading Techniques From Pros](https://shop.investors.com/offer/splashresponsive.aspx?id=IBD-Live&intcode=invstcntnartcls%7Ccms%7Cibdlive%7C2020%7C07%7Cibdlive%7Cna%7C%7C727112&src=A00433A) [@IBD_BDeagon](https://twitter.com/IBD_BDeagon) for more on tech stocks, analysis and financial markets. [20% of its workforce](https://www.investors.com/news/technology/snap-stock-jumps-on-restructuring-plans-snapchat/) of more than 6,000 people as part of a companywide restructuring. [the earnings release](https://s25.q4cdn.com/442043304/files/doc_financials/2022/q4/Q4'22-Press-Release.pdf). [stock market today](https://www.investors.com/news/stock-market-today-market-trends-best-stocks-buy-watch/). [SNAP](https://research.investors.com/quote.aspx?symbol=SNAP)) reported fourth-quarter results late Tuesday that very narrowly fell short of revenue estimates and beat earnings forecasts during a tumultuous period for the social media company. Despite the earnings beat, the company said in a letter to investors that it's seeing a decline in revenue of roughly 7% thus far in its first quarter.

Trading Strategies For Snap Stock Before And After Q4 Earnings (Benzinga)

Snap Inc (NYSE: SNAP) is set to print its fourth-quarter financial results after the markets close on Tuesday. The stock was trading about 4% higher heading ...

](https://www.benzinga.com/premium/ideas/bz-optionsurge-lp/?utm_source=camapignify-bottom&=utm_campaign=external) [Click Here to Get Immediate Access to His Next Trade Signals](https://www.benzinga.com/premium/ideas/bz-optionsurge-lp/?utm_source=camapignify-bottom&=utm_campaign=external)⭐⭐⭐⭐⭐ - If Snap receives a positive reaction to its earnings print, the stock may surge up higher toward the 200-day simple moving average (SMA), where it may meet at least temporary resistance. Just imagine the results you would get if you had a full-time trader whispering what to buy and sell in your ear. The stock hasn’t shown any indication yet that the next higher top is in and was working Tuesday to print a bullish kicker candlestick. Of course, holding a position in a stock over earnings can be akin to gambling, as stocks can rise following an earnings miss and fall after reporting a beat. 20 and has made a consistent series of higher highs and higher lows. From a technical perspective, Snap looks bullish heading into the event, having traded in a uptrend pattern since Dec. The negative earnings reaction was likely because the company didn’t provide fourth-quarter guidance. 25 at $9.51 and the most recent confirmed higher high was printed at the $10.47 level the day prior. The stock was trading about 4% higher [third-quarter earnings report](https://www.benzinga.com/news/earnings/22/10/29350711/snap-inc-posts-q3-revenue-eps-beat-announces-share-buyback-but-the-stock-is-plunging-for-this-reaso) on Oct. [heading into the event](https://www.benzinga.com/calendars/earnings).

Snap slides 13% as it indicates gloomy first-quarter revenues (Seeking Alpha)

Snap stock (SNAP) has tumbled 13% after hours after its fourth-quarter earnings report showed flat revenues and the company predicted a first-quarter drop ...

“We ended a challenging 2022 with 375 million Daily Active Users, 12% year-over-year annual revenue growth, and positive full year Free Cash Flow," CEO Evan Spiegel said. EBITDA fell to $233M from a year-ago $327M. [SNAP](https://seekingalpha.com/symbol/SNAP)) has tumbled 13% after hours after its [fourth-quarter earnings report](https://seekingalpha.com/news/3930105-snap-non-gaap-eps-of-0_14-beats-0_02-revenue-of-1_3b-misses-10m) showed flat revenues and the company predicted a first-quarter drop of 2-10% in sales.