Spotify Technology S.A. reports results for the quarter ended June 30 - Earnings Summary
Spotify Technology S.A. reports results for the quarter ended June 30 - Earnings Summary
Spotify Technology S.A. SPOT.N reported quarterly adjusted earnings of €2.61 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -42 cents. The mean expectation of twenty seven analysts for the quarter was for earnings of €2.75 per share. Wall Street expected results to range from €2.35 to €3.32 per share.
Revenue rose 13.9% to €4.78 billion from a year ago; analysts expected €4.79 billion.
Spotify Technology S.A.'s reported EPS for the quarter was €2.61.
The company reported quarterly net income of €545 million.
Spotify Technology S.A. shares had risen by 5.9% this quarter and lost 16.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.3% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 34 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for Spotify Technology S.A. is $620.00, about 21.6% above its last closing price of $486.33
This summary was machine generated from LSEG data August 4 at 01:32 p.m. UTC. All figures in euros unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 2.75 | 2.61 | Missed |
Mar. 31 2026 | 2.96 | 3.45 | Beat |
Dec. 31 2025 | 2.74 | 4.43 | Beat |
Sep. 30 2025 | 1.97 | 3.28 | Beat |
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