SNAP Earnings Prediction
The chart below shows how SNAP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SNAP sees a -0.87% change in stock price 10 days leading up to the earnings, and a -6.45% change 10 days following the report. On the earnings day itself, the stock moves by +1.75%. This data can give you a slight idea of what to expect for the next quarter's release.
SNAP Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.37B
15.48%
10.98%
Gross Margin
53.45%
0.39%
2.02%
Operating Margin
-12.62%
-60.54%
-38.08%
Net Margin
-11.16%
-63.98%
-44.48%
EPS
-0.09
-60.87%
-40.00%
No Data Available
SNAP Earnings Analysis
Snap Inc. Corporation (SNAP.N) Earnings Conference Call
Positive
User Growth Milestone: Daily active users reached 443 million in Q3, an increase of 37 million year-over-year.
Revenue Increase Overview: Total revenue was $1.37 billion, up 15% year-over-year and 11% quarter-over-quarter.
Advertising Revenue Increase: Advertising revenue was $1.25 billion, up 10% year-over-year, driven primarily by growth from DR advertising revenue, which increased 16% year-over-year.
EBITDA Improvement Year-over-Year: Adjusted EBITDA was $132 million in Q3, up from $40 million in Q3 of the prior year, reflecting higher revenue and operating expense discipline.
Cash Flow Analysis: Free cash flow was $72 million in Q3 while operating cash flow was $116 million.
Negative
Net Loss Comparison: Net loss was $153 million in Q3, compared to a net loss of $368 million in Q3 of the prior year.
Decline in Advertising Revenue: Brand-oriented advertising revenue was down 1% year-over-year as we continued to see weak demand from certain consumer discretionary verticals, including technology, entertainment and retail.
Operating Expenses Increase: Adjusted operating expenses were $604 million in Q3, up 1% year-over-year.
User Engagement Progress: Daily active users in North America were 100 million, approximately flat year-over-year, but up quarter-over-quarter as our initiatives to increase user engagement begin to show early signs of progress.
Cost of Revenue Increase: Adjusted cost of revenue was $637 million in Q3, up 16% year-over-year.
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SNAP Earning Call Sentiment
Snap Inc. (SNAP) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SNAP.N
-0.37%Positive
The earnings call summary shows strong growth in other revenue streams, particularly Snapchat+ subscriptions, and positive regional revenue growth. Despite a slight decline in advertising revenue, the company has improved its net loss and adjusted EBITDA significantly. The Q&A section reveals management's focus on long-term growth and product enhancement, which is positively viewed by analysts. The overall sentiment is positive due to record high revenues in some areas and optimistic future guidance, despite some uncertainties in monetization strategies.