JUMP REPORT
Avg Daily Volume: 30,024,978 Market Cap: 15.71B
Sector: None Short Interest: 11.67
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.07/share REV: 431.4/M
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LAST QTR: EPS: .01/share ACTUAL: .03/share (BEAT)
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NEXT QTR: EPS: -.05/share REV: 428.5/M
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FULL YR: EPS: -.08/share REV: 2,060/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 75% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -15.12, -7.64, 18.74
EXPECTED JUMP MOVE: 10-15%
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*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Snap (NYSE: SNAP) posted a dazzling second quarter report on July 22, and the stock skyrocketed to an all-time high the following day. Snap’s revenue and DAUs rose at their fastest rates in four years. For the third quarter, Snap expects its revenue to rise between 58% and 60% year over year and for its adjusted EBITDA to increase between 79% and 114%.
Snap (NYSE: SNAP) and Twitter (NYSE: TWTR) just reported blowout earnings, and it bodes well for other digital advertising businesses like Facebook (NASDAQ: FB) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Both Snap and Twitter saw revenue skyrocket, but the numbers that truly stood out were the increases in ad pricing on their respective platforms.
Is (SNAP) Outperforming Other Computer and Technology Stocks This Year?
Snap Inc. (NYSE: SNAP) managed to beat expectations across the board for earnings, revenue, and user growth with its latest quarter results. With 293 million daily Snapchat users, it is enjoying its highest user growth in years. Moreover, revenue more than doubled in the latest quarter, easily topping expectations due as the advertising market rebounds from the pandemic. Upon the news, shares were up 18% in after-hours trading. Also on Thursday afternoon, social-media peer Twitter Inc. (NYSE: TW
Wall Street closed sharply higher on Friday buoyed by strong second-quarter earnings results.
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