These Analysts Increase Their Forecasts On Spotify After Q4 Results

Spotify Technology (NYSE:SPOT) reported better-than-expected fiscal fourth-quarter 2024 sales results on Tuesday. 

Spotify reported quarterly earnings of $1.88 per share, which missed the analyst consensus estimate of $2.06 per share. The company reported quarterly sales of $4.53 billion (4.24 billion euros), up by 16% year-on-year, which beat the analyst consensus estimate of $4.15 billion.

Spotify expects fiscal first-quarter 2025 revenue of $4.48 billion (4.2 billion euros) versus a consensus of $4.17 billion and total MAUs of 678 million. Spotify paid $10 billion to ...

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