Mark Lennihan | AP
Snap Inc. CEO Evan Spiegel smiles before ringing the opening bell at the New York Stock Exchange as his company celebrates its IPO, Thursday, March 2, 2017.
Snap, the maker of Snapchat, is expected to report its first-quarter earnings after bell on Tuesday. Investors will be looking for signs that last quarter’s user growth was no fluke.
Here’s what analysts expect:
- Loss per share: 12 cents forecast by Refinitiv
- Revenue: $306 million forecast by Refinitiv
- Global daily active users (DAUs): 187.22 million forecast by FactSet
- ARPU: $1.62 forecast by FactSet
Last quarter, Snap delivered a pleasant surprise to investors when it showed renewed growth after its user based had begun to shrink in 2018. Now, investors will be looking for signs that last quarter was no fluke.
Snap’s share price is up more than 100% year-to-date after a fast start in 2019. Besides re-surging user growth, Snap has announced a new gaming platform, new original shows, an ad network and more augmented reality features.
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