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Spotify Technology: Q4 Earnings Insights

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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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