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Spotify:Quarterly Results/2022 Q4: Difference between revisions
Spotify:Quarterly Results/2022 Q4 (view source)
Revision as of 22:31, 30 January 2023
, 30 January 2023@Magaly. A weaker dollar is tailwind for costs and a headwind for revenue.
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(@Magaly. A weaker dollar is tailwind for costs and a headwind for revenue.) |
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* Earnings deterioration is expected to continue in this quarter, but revenue and MAUS expected to show decent growth. This discrepancy could be due to the significant investments Spotify has been doing to gain market share. However this should be monitored closely, as these investments and their results could become difficult to manage in an uncertain macroeconomic environment, and revenue growth expectations though still high, are trending lower. <ref>https://seekingalpha.com/symbol/SPOT/earnings/estimates</ref> | * Earnings deterioration is expected to continue in this quarter, but revenue and MAUS expected to show decent growth. This discrepancy could be due to the significant investments Spotify has been doing to gain market share. However this should be monitored closely, as these investments and their results could become difficult to manage in an uncertain macroeconomic environment, and revenue growth expectations though still high, are trending lower. <ref>https://seekingalpha.com/symbol/SPOT/earnings/estimates</ref> | ||
* Change in management could mean the company could start being less dependent in the CEO, and improve its efficiency. | * Change in management could mean the company could start being less dependent in the CEO, and improve its efficiency. | ||
* USD has become considerably weaker since October, this could create a tailwind for Q4 | * USD has become considerably weaker since October, this could create a tailwind for Q4 costs as most costs occur in dollar. <ref>https://www.cnbc.com/quotes/.DXY</ref> | ||
* We can expect earnings to come close to expectations. The analysts already revisioned the earnings down significantly since September<ref>https://seekingalpha.com/symbol/SPOT/earnings/revisions?period=quarterly</ref>, and macro and company developments dont point to major surprises. Always important to consider that there could be hidden factors that could change this assessment. | * We can expect earnings to come close to expectations. The analysts already revisioned the earnings down significantly since September<ref>https://seekingalpha.com/symbol/SPOT/earnings/revisions?period=quarterly</ref>, and macro and company developments dont point to major surprises. Always important to consider that there could be hidden factors that could change this assessment. | ||