Tajuk : With Snap’s first earnings report coming, Facebook and Twitter provide a cautionary tale
link : With Snap’s first earnings report coming, Facebook and Twitter provide a cautionary tale
With Snap’s first earnings report coming, Facebook and Twitter provide a cautionary tale
Snap’s first quarterly results as a publicly traded company are due out after Wednesday’s closing bell.
Some traders seem to be expecting a repeat of Facebook and Twitter’s first report. Both of those social media companies missed Wall Street expectations by a wide margin.
With the report approaching, short interest in Snap has climbed by more than $100 million in the last week alone, and as of Tuesday sat at $946 million, according to financial analytics firm S3 Partners.
Wall Street analysts are expecting Snap to post an adjusted loss of $0.16 per share on revenue of $158.55 million. Snap’s initial public offering priced at $17 a share, and the stock hit an all-time high of $27.09 just two days later.
Ahead of the results, Snap is trading down 1.3% near $23.
Back in the second quarter of 2012, Facebook announced an adjusted loss of $0.08 a share versus the Wall Street estimate of a $0.12 gain. Its shares tumbled nearly 12% the day following the earnings release.
Things were much worse for Twitter. The company announced an adjusted loss of $1.43 a share, missing the Wall Street consensus of a $0.02 by a huge margin, in its first quarterly report as a publicly traded company. The stock crashed more than 24% in the trading day after the report.
Get the latest Snap stock price here.
NOW WATCH: This man spent 6 weeks working undercover in an iPhone factory in China — here’s what it was like
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2q6Erka
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
Snap’s first quarterly results as a publicly traded company are due out after Wednesday’s closing bell.
Some traders seem to be expecting a repeat of Facebook and Twitter’s first report. Both of those social media companies missed Wall Street expectations by a wide margin.
With the report approaching, short interest in Snap has climbed by more than $100 million in the last week alone, and as of Tuesday sat at $946 million, according to financial analytics firm S3 Partners.
Wall Street analysts are expecting Snap to post an adjusted loss of $0.16 per share on revenue of $158.55 million. Snap’s initial public offering priced at $17 a share, and the stock hit an all-time high of $27.09 just two days later.
Ahead of the results, Snap is trading down 1.3% near $23.
Back in the second quarter of 2012, Facebook announced an adjusted loss of $0.08 a share versus the Wall Street estimate of a $0.12 gain. Its shares tumbled nearly 12% the day following the earnings release.
Things were much worse for Twitter. The company announced an adjusted loss of $1.43 a share, missing the Wall Street consensus of a $0.02 by a huge margin, in its first quarterly report as a publicly traded company. The stock crashed more than 24% in the trading day after the report.
Get the latest Snap stock price here.
NOW WATCH: This man spent 6 weeks working undercover in an iPhone factory in China — here’s what it was like
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2q6Erka
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
dengan itu Perkara With Snap’s first earnings report coming, Facebook and Twitter provide a cautionary tale
Kini anda membaca artikel With Snap’s first earnings report coming, Facebook and Twitter provide a cautionary tale dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/05/with-snaps-first-earnings-report-coming.html
0 Response to "With Snap’s first earnings report coming, Facebook and Twitter provide a cautionary tale"
Catat Ulasan