After-Hours Movers: Snap Plunges on Weak Results and Lack of Guidance

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After-Hours Movers: Snap Plunges on Weak Results and Lack of Guidance

StreetInsider2022-07-22

After-Hours Stock Movers:Snap (NYSE: SNAP) 26% LOWER; reported Q2 EPS of ($0.02), versus the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate...

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小虎一飞冲天
·2022-07-22
Like pls
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Pokkypok
·2022-07-22
K
Reply
7
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Justim
·2022-07-22
👌
Reply
Like
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LimLS
·2022-07-22
Companies that depends on Ad revenue should see similar bad results. Not too surprising. During Q1, Ad revenue is already seeing a slowdown as companies are trying to cut cost to prepare for possible recession. Cost cutting measures had increased over the last few months with so many companies announcing job cuts and hiring freeze. But not all is doom and gloom. They will be the first few to bounce back when recovery is in sight. So make use of this chance to observe and shortlist the stronger companies. Buy quality, avoid meme/hype.
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11
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kenong62
·2022-07-22
Like
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JustInvest
·2022-07-22
Everything lower and lower[Facepalm]
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2
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Jess261
·2022-07-22
Okay
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2
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Ku9787
·2022-07-22
Ok
Reply
5
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Ktkw
·2022-07-22
Lwgo
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4
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pjetan
·2022-07-22
🙏🏻
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4
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Worpeng2002
·2022-07-22
Ok
Reply
6
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Williamw
·2022-07-22
Ok
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5
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IAS
·2022-07-22
Snap snapped...
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3
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Remotecam
·2022-07-22
Market is so angry Snap refused to give Guidance due to "lack of clarity". LOL
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4
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Upswing118
·2022-07-22
Wow, one 'snap' of fingers n all others tumble😱
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4
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runningjames
·2022-07-22
Market may trumble again....
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Vincent1968
·2022-07-22
Bad
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2
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AlphaKK
·2022-07-22
Ok
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2
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Asycroft
·2022-07-22
Zzz
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2
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TSY123
·2022-07-22
Okay
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2
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Revenue for the quarter came in at $1.11 billion versus the consensus estimate...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20354519\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRSR","symbol_name":"Corsair Gaming, Inc.","start_time":0,"source_url":"https://www.streetinsider.com/dr/news.php?id=20354519","article_id":"2253777204","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2253777204","pubTimestamp":1658445948,"sourceInfo":{"source_id":"highlight_streetinsider","name":"StreetInsider"},"weMediaInfo":null,"summary":"After-Hours Stock Movers:Snap (NYSE: SNAP) 26% LOWER; reported Q2 EPS of ($0.02), versus the analyst","collect":0,"end_time":0,"defaultTopTitle":"streetinsider.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRSR":"Corsair Gaming, Inc.","TTD":"Trade Desk Inc.","MAT":"美国美泰公司","GOOGL":"谷歌A","SNAP":"Snap Inc","ISRG":"直觉外科公司","COF":"第一资本","PINS":"Pinterest, Inc.","GOOG":"谷歌","STX":"希捷科技","SAM":"波斯顿啤酒","META":"Meta Platforms, Inc.","TWTR":"Twitter"},"translate_title":"下班后的搬运工：SNAP因结果疲软和缺乏指导而暴跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COF":0.9,"CRSR":0.9,"GOOG":0.9,"GOOGL":0.9,"ISRG":0.9,"MAT":0.9,"META":0.9,"PINS":0.9,"SAM":0.9,"SNAP":0.9,"STX":0.9,"TTD":0.9,"TWTR":0.9},"content_text":"After-Hours Stock Movers:Snap (NYSE: SNAP) 26% LOWER; reported Q2 EPS of ($0.02), versus the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.15 billion. DAUs were 347 million in Q2 2022, an increase of 54 million, or 18%, year-over-year. Given uncertainties related to the operating environment, we are not providing our expectations for revenue or adjusted EBITDA for the third quarter of 2022.Intuitive Surgical (NASDAQ: ISRG) 13% LOWER; reported Q2 EPS of $1.14, $0.06 worse than the analyst estimate of $1.20. Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.56 billion.Seagate Technology (NASDAQ: STX) 10% LOWER; reported Q4 EPS of $1.59, $0.31 worse than the analyst estimate of $1.90. Revenue for the quarter came in at $2.63 billion versus the consensus estimate of $2.8 billion. Seagate Technology sees Q1 2023 EPS of $1.20-$1.60, versus the consensus of $2.27. Seagate Technology sees Q1 2023 revenue of $2.35-2.65 billion, versus the consensus of $3.03 billion.Corsair Gaming (NASDAQ: CRSR) 10% LOWER; preliminary second-quarter revenue was below the consensus.Boston Beer Co. (NYSE: SAM) 8% LOWER; reported Q2 EPS of $4.31, $0.48 worse than the analyst estimate of $4.79. Revenue for the quarter came in at $655 million versus the consensus estimate of $628.99 million. Boston Beer Co. sees FY2022 EPS of $6.00-$11.00, versus the consensus of $11.67.The Trade Desk, Inc. (NASDAQ: TTD) 7% LOWER; lower on SNAP's results, lack of guidance.Pinterest, Inc. (NYSE: PINS) 6% LOWER; lower on SNAP's results, lack of guidance.Meta Platforms, Inc. (NASDAQ: META) 5% LOWER; lower on SNAP's results, lack of guidance.Capital One Financial (NYSE: COF) 5% LOWER; reported Q2 EPS of $4.96, $0.14 worse than the analyst estimate of $5.10. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.3 billion.Alphabet Inc. (NASDAQ: GOOGL) 3% LOWER; lower on SNAP's results, lack of guidance.Twitter, Inc. (NYSE: TWTR) 2% LOWER; lower on SNAP's results, lack of guidance.Mattel (NASDAQ: MAT) 2% LOWER; reported Q2 EPS of $0.18, $0.12 better than the analyst estimate of $0.06. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.1 billion. 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Buy quality, avoid meme/hype.","text":"Companies that depends on Ad revenue should see similar bad results. Not too surprising. During Q1, Ad revenue is already seeing a slowdown as companies are trying to cut cost to prepare for possible recession. Cost cutting measures had increased over the last few months with so many companies announcing job cuts and hiring freeze. But not all is doom and gloom. They will be the first few to bounce back when recovery is in sight. So make use of this chance to observe and shortlist the stronger companies. Buy quality, avoid meme/hype.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077381403","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077301847,"gmtCreate":1658451635889,"gmtModify":1676536160937,"author":{"id":"3574928367638029","authorId":"3574928367638029","name":"kenong62","avatar":"https://static.tigerbbs.com/37fd00bd8cea11b8aa1aed6d9ddd9413","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574928367638029","authorIdStr":"3574928367638029"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077301847","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077963609,"gmtCreate":1658448717601,"gmtModify":1676536159692,"author":{"id":"3572773411123061","authorId":"3572773411123061","name":"JustInvest","avatar":"https://static.tigerbbs.com/2b8fd2d38b4505de724bb28bdb4aa446","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3572773411123061","authorIdStr":"3572773411123061"},"htmlText":"Everything lower and lower[Facepalm]&nbsp;","listText":"Everything lower and lower[Facepalm]&nbsp;","text":"Everything lower and lower[Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077963609","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077981708,"gmtCreate":1658448310104,"gmtModify":1676536159490,"author":{"id":"3586490638953193","authorId":"3586490638953193","name":"Jess261","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3586490638953193","authorIdStr":"3586490638953193"},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077981708","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077916872,"gmtCreate":1658447760696,"gmtModify":1676536159267,"author":{"id":"3581947337293370","authorId":"3581947337293370","name":"Ku9787","avatar":"https://static.tigerbbs.com/673e038dbe2974017866e5beb5d79032","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3581947337293370","authorIdStr":"3581947337293370"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077916872","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077918809,"gmtCreate":1658447687401,"gmtModify":1676536159230,"author":{"id":"3564917665277560","authorId":"3564917665277560","name":"Ktkw","avatar":"https://static.tigerbbs.com/c3b319f06c5f5672546acc9d6f02dec1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3564917665277560","authorIdStr":"3564917665277560"},"htmlText":"Lwgo","listText":"Lwgo","text":"Lwgo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077918809","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077919255,"gmtCreate":1658447497477,"gmtModify":1676536159184,"author":{"id":"3581854579020344","authorId":"3581854579020344","name":"pjetan","avatar":"https://static.tigerbbs.com/0dbe4c402957fcc269723fb9e3c423c2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581854579020344","authorIdStr":"3581854579020344"},"htmlText":"🙏🏻","listText":"🙏🏻","text":"🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077919255","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077935011,"gmtCreate":1658447259334,"gmtModify":1676536159051,"author":{"id":"3582000520700468","authorId":"3582000520700468","name":"Worpeng2002","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582000520700468","authorIdStr":"3582000520700468"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077935011","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077932212,"gmtCreate":1658447243936,"gmtModify":1676536159039,"author":{"id":"3572240910775763","authorId":"3572240910775763","name":"Williamw","avatar":"https://static.tigerbbs.com/ecafced5a6c16b176940098e09cf69b6","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3572240910775763","authorIdStr":"3572240910775763"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077932212","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077939093,"gmtCreate":1658447023312,"gmtModify":1676536158891,"author":{"id":"3576136694569207","authorId":"3576136694569207","name":"IAS","avatar":"https://static.tigerbbs.com/933fbcc1d9c75b4ff82486f8a48a3e7c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576136694569207","authorIdStr":"3576136694569207"},"htmlText":"Snap snapped...&nbsp;","listText":"Snap snapped...&nbsp;","text":"Snap snapped...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077939093","repostId":2253777204,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9077992910,"gmtCreate":1658446786530,"gmtModify":1676536158778,"author":{"id":"4093854476996450","authorId":"4093854476996450","name":"Remotecam","avatar":"https://community-static.tradeup.com/news/f856a0a30bd0fa23a086fc678014e48b","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4093854476996450","authorIdStr":"4093854476996450"},"htmlText":"Market is so angry Snap refused to give Guidance due to&nbsp;\"lack of clarity\".&nbsp; LOL","listText":"Market is so angry Snap refused to give Guidance due to&nbsp;\"lack of clarity\".&nbsp; LOL","text":"Market is so angry Snap refused to give Guidance due to \"lack of clarity\". 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