JUMP REPORT
SNAP (SNAP)
EARNINGS RELEASE - JULY 21 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.09/share REV: 438.09/M
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LAST QTR: EPS: -.07 /share ACTUAL: -.08 /share (MISS)
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NEXT QTR: EPS: -.05/share REV: 529.37/M
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FULL YR: EPS: -.08/Share REV: 2,130/M
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BEAT/MISS RECORD: 69% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 37.9, -15.12, -7.66
EXPECTED JUMP MOVE THIS QUARTER: 15%
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*** With market volatility at extremes 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
In the closing of the recent trading day, Snap (SNAP) stood at $13.33, denoting a -0.89% change from the preceding trading day.
Big Tech earnings are on deck next week as Microsoft (MSFT), Meta Platforms (META), Apple (AAPL), and Amazon (AMZN) are scheduled to report their second quarter results. Jobs data for July are due out on Friday, August 2, making for a busy week for the US economy as Federal Reserve officials meet for their July FOMC meeting. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Earnings results often indicate what direction a company will take in the months ahead. With Q1 now behind us, let’s have a look at Yelp (NYSE:YELP) and its peers.
In the closing of the recent trading day, Snap (SNAP) stood at $13.45, denoting a -0.96% change from the preceding trading day.
Shares of social network Snapchat (NYSE: SNAP) fell 5.3% in the afternoon session after major indices declined, with the Nasdaq down 3%, while the S&P 500 fell by 1.7% following weaker-than-expected earnings from Alphabet (YouTube Advertising revenue missed estimates) and Tesla (7% drop in auto revenue).
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Avg Daily Volume: 5,038,497 Market Cap: 102.74B
Sector: Technology Short Interest: 2.45
Ticker delayed 20 minutes
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