Snap Inc (SNAP) PT Lowered to $50 at JMP Securities
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Snap Inc (SNAP) PT Lowered to $40 at Canaccord Genuity
April 22, 2022 7:15 AM EDTCanaccord Genuity analyst Maria Ripps lowered the price target on Snap Inc (NYSE: SNAP) to $40.00 (from $46.00) while maintaining a Hold rating.
... More'Could Have Been Worse': 3 Analysts Reflect on Snap (SNAP) After Earnings Miss Pushed Shares Lower
April 22, 2022 6:30 AM EDTShares of Snap (NYSE: SNAP) are down nearly 2% in premarket trading Friday after the company reported Q1 earnings.
How did Snap Perform in Q1?
SNAP reported a Q1 adjusted loss per share of 2c, compared to $0 in the year-ago period and worse than the expected EPS of 0.01c. Revenue came in at $1.06 billion, up 38% YoY and just below the consensus estimates of $1.07 billion.
Adjusted EBITDA stood at $64.5 million in Q1, compared to an adjusted EBITDA loss of $1.71 billion in the same period last year and an estimated EBITDA... More
