Dick Pic (SNAP Earnings)
Snap is scheduled to report its Q1 results after the close and host a conference call at 5 PM ET.
Current analyst estimates call for EPS of ($0.12) on revenues of $306.28 mln (+32.8% y/y) and EBITDA of roughly ($144 mln).
Some areas of focus in today's report & conference call:
Update on ongoing Android roll-out
ARPU momentum
Progress on efforts to scale advertising business
Broader commentary on DAUs
Update on full-time CFO search
TECHS:
Snap currently has a market cap of $15 bln and trades at a P/S of 9.8x. Short interest is 11%.
Based on the weekly Apr26 $12 straddle, the options market is pricing in a move of approximately 16% in either direction by weekly expiration (Friday).
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This week’s in depth earnings packet can be purchased here:
http://www.everytimeicash.com/digitalcontent/earnings-pack-for-week-ending-4-26-19
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