Snap Back to Reality? Consensus Expectations into Today's Results
Consensus Estimates + Valuation Context
We finally have an astute activist in the mix at Snap putting the kibosh on Evan’s plans for a new airport hanger straight out of the company coffers. Will we see early signs of tangible turnaround results today? Hopefully, given outperformance of late and an eager investor base that recently bought back into the story:
That said, 11.5x forward earnings is not a high hill, especially with short interest building notably…
Here are Consensus expectations for the quarter and forward guidance - when evaluation the print pay closest attention to user metrics and forward revenue guidance: