Spotify Technology (NYSE:SPOT) reported its Q4 earnings results on Wednesday, February 2, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Spotify Technology beat estimated earnings by 50.0%, reporting an EPS of $-0.24 versus an estimate of $-0.48, which surprised analysts.
Revenue was up $491.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.26, which was followed by a 5.79% increase in the share price the next day.
Here's a look at Spotify Technology's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.22 | -0.45 | -0.48 | -0.67 |
| EPS Actual | -0.48 | -0.23 | -0.30 | -0.79 |
| Revenue Estimate | 2.85B | 2.72B | 2.58B | 2.59B |
| Revenue Actual | 2.95B | 2.81B | 2.59B | 2.58B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
