SNAP(SNAP)

EARNINGS RELEASE TUESDAY - OCTOBER 22 (AMC)

Trade Assist May Not Be Available For All Jump Trades (See Trade Plan

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JUMP REPORT

Avg Daily Volume: 29,642,592    Market Cap: 18.65B
Sector: None    Short Interest: None

EARNINGS EXPECTATIONS:  

     THIS QTR:   EPS:     -.05/share     REV:  434.8/M
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     LAST QTR:  EPS:      -.10/share     ACTUAL:   -.06/share  (BEAT)
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     NEXT QTR:  EPS:     .0/share     REV: 553.3/M
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     FULL YR:     EPS:     -.20/share    REV: 1,700/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:  80%  OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 18.74, -7.75, 29.11

EXPECTED JUMP MOVE:  10-15%

Links To Latest News and Headlines

15 Jan, 2021 @ 21:35 by Yahoo! Finance

Foreshadowing isn’t just for English class. When Snap stock dropped 8% in one day, you might have looked at the warning sign that preceded it. Heeding the warning allowed us to keep the trade positive on SwingTrader.

In a reshuffling of Snap’s content group, the Snapchat owner has promoted Ben Schwerin to the newly expanded role as SVP, content and partnerships. And in another executive change, chief strategy officer Jared Grusd — the former HuffPost CEO who joined Snap more than two years ago — is shifting into an advisory role at […]

15 Jan, 2021 @ 19:20 by Yahoo! Finance

Snap ‘reflects current macroeconomic conditions supportive of elevated valuations for high growth stocks,’ MoffettNathanson said, upgrading the stock.

Nearly four years after its rocky IPO, the social-media company has found its sea legs and then some. MoffetNathanson says next year is likely to be a strong one.

15 Jan, 2021 @ 14:32 by Yahoo! Finance

Snap (NYSE:SNAP) reported Q3 sales of $678.67 million. Earnings fell to a loss of $167.86 million, resulting in a 45.96% decrease from last quarter. Snap collected $454.16 million in revenue during Q2, but reported a $310.61 million loss.Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company’s ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q3, Snap posted an ROCE of -0.08%.Keep in mind, while ROCE is a good measure of a company’s recent performance, it is not a highly reliable predictor of a company’s earnings or sales in the near future.Return on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.For Snap, the return on capital employed ratio shows the current amount of assets may not actually be helping the company achieve higher returns, a note many investors will take into account when making long-term financial decisions.Q3 Earnings Recap Snap reported Q3 earnings per share at $0.01/share, which beat analyst predictions of ($0.05)/share.See more from Benzinga * Click here for options trades from Benzinga * 9 Communication Services Stocks With Unusual Options Alerts In Today’s Session * Analyzing Snap’s Unusual Options Activity(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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ANALYSIS:   

StockJumpers trajectory analysis reveals a negative market reaction the release. Investors have been generally upbeat about this release however we think even with a beat, that without strong subscriber growth that surpasses expectations this stock will fall. 

Our preliminary data puts our bias at short for the event.

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OUR TRADE PLAN:

ENTRY:  SELL – end of day or sooner
STOP LOSS:   NA
INITIAL PROFIT TARGET:  12%
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TRADE ASSIST:  YES – though some of the move may be priced in

POST RELEASE ACTION: 

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There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory. 

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