Snap (NYSE:SNAP) reported its Q1 earnings results on Thursday, April 21, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Snap missed estimated earnings by 300.0%, reporting an EPS of $-0.02 versus an estimate of $0.01.
Revenue was up $293.42 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 58.82% increase in the share price the next day.
Here's a look at Snap's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.08 | -0.01 | -0.05 |
| EPS Actual | 0.22 | 0.17 | 0.10 | 0 |
| Revenue Estimate | 1.20B | 1.10B | 844.98M | 743.01M |
| Revenue Actual | 1.30B | 1.07B | 982.11M | 769.58M |
To track all earnings releases for Snap visit their earnings calendar here..
This article was generated by Benzinga's automated content engine and reviewed by an editor.
