Earlier in April,
research firm Emarketer predicted that Snapchat's US userbase could shrink for the first time this year , as it faces sustained pressure from Facebook-owned Instagram, and suffers in the wake of a widely-criticized redesign in 2018. The results cross after 4 p.m. ET / 1 p.m. PT, and the company's stock is currently hovering around $12 a share — up more than 100% from lows of less than $5 around December 2018.Earnings per share : $-0.12 predicted, up 28.3% year-on-yearOperating profit: $-205.2 million predictedContact this reporter via encrypted messaging app Signal at +1 636-6268 using a non-work phone, email at rprice@businessinsider.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The stock market’s progress to a fresh record hinges on a key gauge of economic growthWall Street is set to get its first read of 2019 economic growth as investors adopt a rosier economic outlook, following talk of a recession only a few weeks... Nope. The fed, trump and team will pump. And say the china deal is ‘progressing’
Source: MarketWatch - 🏆 3. / 97 Read more »
Netflix drops on earnings reportNetflix revealed that more than 20 million households have watched its Fyre Festival documentary in its Q1 2019 earnings report.
Source: CNBC - 🏆 12. / 72 Read more »
Snap could see a 15% move when it reports earnings, traders sayThe options market implies a post-earnings move of 15% in either direction for the social media giant's stock, and trader Dan Nathan sees more potential risk than reward. OptionsAction buy buy buy up to 20!! j/k this is a dog!!!! OptionsAction This POS is selling off to $7.
Source: CNBC - 🏆 12. / 72 Read more »
Snap to report first-quarter earnings after the bellSnap investors will be looking for signs that last quarter's user growth was no fluke.
Source: CNBC - 🏆 12. / 72 Read more »