Snap Inc. Announces Fourth Quarter and Full Year 2019 Financial Results

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Snap Inc (SNAP) PT Raised to $17 at Susquehanna

February 5, 2020 7:39 AM EST

Susquehanna analyst Shyam Patil raised the price target on Snap Inc (NYSE: SNAP) to $17.00 (from $16.00) while maintaining a Neutral rating.

The analyst commented, "Expectations were high with the stock up 16% YTD vs. the market of 6%, and while the report was generally... More

Snap (SNAP) Tops Q4 EPS by 2c, Revs Miss

February 4, 2020 4:12 PM EST

Snap (NYSE: SNAP) reported Q4 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $561 million versus the consensus estimate of $563.03 million.

Daily Active Users increased 17% year-over-year to 218 million.

In 2019 we saw momentum across the board. We... More