Benzinga | Oct 21, 2021 05:43PM EDT

Recap: Snap Q3 Earnings

Snap (NYSE:SNAP) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Snap beat their estimated earnings by 112.5%, which surprised analysts.

Revenue was up $388,332,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11, which was followed by a 23.82% increase in the share price the next day.

Here's a look at Snap's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate -0.01 -0.05 0.07 -0.05EPS Actual 0.10 0 0.09 0.01Revenue Estimate 844.98M 743.01M 857.39M 549.99MRevenue Actual 982.11M 769.58M 911.32M 678.67M

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