TREE NEWS update: Spotify reported third-quarter revenue of €4.97 billion, slightly below the €4.98 billion estimate, with earnings per share falling to €2.48 from €3.28 a year earlier. Operating profit rose 15% year on year to €672 million. The company guided fourth-quarter revenue to €5.2 billion, below the €5.24 billion market estimate, and its US-listed shares fell nearly 3% in premarket trading.
Spotify Q3 Revenue €4.97B, Misses €4.98B Estimate; EPS Falls to €2.48
The miss is narrow, but the signal is in the mix: operating profit up 15% while EPS drops sharply year on year suggests margin gains are being offset below the operating line, and the soft fourth-quarter revenue guide extends the pattern rather than reversing it. The premarket reaction is modest, implying the market treats this as a growth-expectations reset rather than a profitability problem. Whether the profit expansion can keep outrunning the revenue deceleration is the open question.
Generated by AI for reference only.
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