Here come Snap Q2 earnings... - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

México Noticias Noticias

México Últimas Noticias,México Titulares

Here comes Snap Q2 earnings...

Snap will report its earnings for the second quarter of 2020 on Tuesday. Silicon Valley and Wall Street will be looking to the results to gauge the health of the digital advertising industry.

Analysts are expecting Snap to see growth in user engagement and daily active users in Q2 2020 on the back of afor the social media company. Digital platforms have continued to see upticks in use through the first half of 2020, and analysts expect second-quarter results to show digital ad revenue slowly starting to recover.

According to Wall Street estimates, Snap is expected to report $441.6 million in revenue for Q2 2020, up 13.8% year-over-year compared with Q2 2019. Snap's stock price has risen 55% in 2020, bucking the trend of a recession many on Wall Street are seeing. Digital advertising has taken a hit due to the coronavirus pandemic, but some analysts are starting to see online ad spending pick back up. JP Morgan analysts said they expect Snap's ad revenue recovery to be stronger than Alphabet, Twitter, or Pinterest.$441.6 million estimated

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 729. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Tesla earnings Q2 preview: Analyst commentary leading up to the report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Indian smartphone shipments plummeted 48% YoY in Q2 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

The future of Tesla's $200 billion winning streak hinges on this week's earnings report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Elon most likely has something up his sleeve. Not true. Stocks don’t react long term to short term swings in free cash flow growth.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Business Insider's best investing stories of the week ended July 21 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Disney reportedly slashes Facebook ad spend amid big-business boycott - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Not because they don’t like facebook, but because they’re cutting costs... Thank you Disney FB is crap you don't need and propaganda you don't want. Are they boycotting it just cutting budgets?
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »