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Stock impact report

Spotify (SPOT) Declines More Than Market: Some Information for Investors [Yahoo! Finance]

Spotify Technology S.A. Ordinary Shares (SPOT) 
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
In the latest close session, Spotify (SPOT) was down 3% at $514.37. The stock fell short of the S&P 500, which registered a loss of 0.08% for the day. Meanwhile, the Dow experienced a drop of 0.61%, and the technology-dominated Nasdaq saw an increase of 0.08%. Heading into today, shares of the music-streaming service operator had gained 11.39% over the past month, outpacing the Computer and Technology sector's loss of 2.38% and the S&P 500's loss of 2.16%. Market participants will be closely following the financial results of Spotify in its upcoming release. It is anticipated that the company will report an EPS of $3.68, marking a 225.66% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.37 billion, indicating a 21.93% increase compared to the same quarter of the previous year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $15.64 per share and a revenue of $23.12 billion, Show less Read more
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