$-0.33 EPS Expected for Snap Inc. (SNAP)
April 25, 2018 – By Winifred Garcia
Analysts expect Snap Inc. (NYSE:SNAP) to report $-0.33 EPS on May, 1 after the close.They anticipate $1.98 EPS change or 85.71 % from last quarter’s $-2.31 EPS. After having $-0.27 EPS previously, Snap Inc.’s analysts see 22.22 % EPS growth. The stock increased 0.58% or $0.09 during the last trading session, reaching $15.63. About 19.80M shares traded. Snap Inc. (NYSE:SNAP) has declined 32.02% since April 25, 2017 and is downtrending. It has underperformed by 43.57% the S&P500.
Snap Inc. (NYSE:SNAP) Ratings Coverage
Among 16 analysts covering Snap Inc (NYSE:SNAP), 4 have Buy rating, 6 Sell and 6 Hold. Therefore 25% are positive. Snap Inc had 19 analyst reports since October 26, 2017 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, November 8 by Bank of America. The stock has “Underperform” rating by Evercore on Wednesday, December 6. The rating was maintained by Needham with “Sell” on Thursday, October 26. The firm has “Market Perform” rating by JMP Securities given on Wednesday, November 15. Barclays Capital upgraded Snap Inc. (NYSE:SNAP) on Tuesday, December 5 to “Overweight” rating. Aegis Capital maintained it with “Hold” rating and $13.0 target in Wednesday, November 8 report. The stock has “Sell” rating by J.P. Morgan on Wednesday, November 8. Credit Suisse maintained the shares of SNAP in report on Wednesday, November 8 with “Outperform” rating. The stock of Snap Inc. (NYSE:SNAP) earned “Underweight” rating by JP Morgan on Wednesday, November 8. The firm has “Sell” rating given on Friday, November 17 by SunTrust.
Snap Inc. operates as a camera company. The company has market cap of $19.18 billion. It offers Snapchat, a camera application that helps people to communicate through short videos and images. It currently has negative earnings. The firm also provides a suite of content tools for partners to build, edit, and publish snaps and attachments based on editorial content; and Spectacles, which are sunglasses that capture video from a human perspective.
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