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SNAP

Snap

$13.14

0.09 (0.69%)

16:14
08/07/18
08/07
16:14
08/07/18
16:14

Snap sees Q3 revenue $265M-$290M, consensus $290.1M

Sees Q3 adjusted EBITDA loss of ($185M)-($160M), compared to ($179M) in Q3 2017.

  • 07

    Aug

SNAP Snap
$13.14

0.09 (0.69%)

08/07/18
BTIG
08/07/18
NO CHANGE
BTIG
Neutral
Snap revenue estimates reduced at BTIG
BTIG analyst Richard Greenfield kept his Neutral rating on Snap but lowered his FY18 revenue projections again to $1.13B and FY19 to $1.61B, noting that these are now much less than his original April 2017 forecasts of $2.5B and $4.9B respectively. The analyst notes that his initial Neutral rating on Snap was a "mistake", as revenue ramp did not proceed as he expected, but adds that given the "horrible" sentiment on the stock, any evidence of "success" could lead to an upside "overreaction". Greenfield further notes that he is "intrigued by the stickiness of the app as a communications platform" amid the "massive" shift of consumer time spent on mobile, even though his "patience is wearing thin".
08/07/18
DBAB
08/07/18
NO CHANGE
Target $13
DBAB
Hold
Deutsche expects 'weak' user trends from Snap in Q2
Deutsche Bank analyst Lloyd Walmsley expects "weak" daily active user trends in Q2 but improving monetization from Snap, particularly in the second half of the year as the company ramps deployment of its advertising pixel. To reflect the rollback of the redesign still not being completed for Android users in Q2, the analyst lowered his quarter-over-quarter net new average DAU number to down 2.5M from up 1M to 188.5M, below the Street at 192M. The analyst thinks brand ad buyers may be hesitating given the redesign and cut his Q2 revenue estimate for Snap to $243M from $249M. The Street is at $249M. Walmsley, however, slightly increased his Q3 and Q4 ad revenue estimates reflecting improving feedback around the company's ad tech improvements. The analyst bumped up his price target to $13 from $12 but keeps a Hold rating on Snap
08/03/18
WEDB
08/03/18
NO CHANGE
Target $10
WEDB
Neutral
Snap will turn the corner 'eventually,' remain on sidelines now, says Wedbush
Wedbush analyst Michael Pachter maintained a Neutral rating and $10 price target on Snap ahead of the company's Q2 results on August 7. In a research note to investors, Pachter says that despite improvements in programmic, he feels that Snapchat is one of the most difficult-to-use social platforms for advertisers and its economic losses are likely to exceed $1B in 2018, with no clear path to profitability. Though he acknowledges that the company's 191 million DAUs have value and could drive profits if management chooses to focus on profitability, Snap continues to focus on improving the utility of its app, increasing user engagement, and explaining its value proposition to advertisers. Pachter is confident that Snap will turn the corner eventually, but he advises investors to remain on the sidelines until there is evidence of a turnaround.
07/30/18
OTRG
07/30/18
NO CHANGE
OTRG
Mixed
Snap performance 'woes' continue, says OTR Global
OTR Global's Q2 U.S. checks indicate performance "woes" continue as year-over-year advertising spending benefited only slightly from improved targeting and open self-serve API, struggling against competitors with strong performance.

TODAY'S FREE FLY STORIES

17:25
11/14/18
11/14
17:25
11/14/18
17:25
Conference/Events
Wedbush enterprise analyst to hold a group dinner meeting »

Enterprise Software…

CI

Cigna

$212.38

-0.625 (-0.29%)

, EGN

Energen

$69.80

0.68 (0.98%)

17:23
11/14/18
11/14
17:23
11/14/18
17:23
Hot Stocks
Icahn exits Cigna, boosts Energen, Newell Brands stakes in Q3 »

Carl Icahn's Icahn…

CI

Cigna

$212.38

-0.625 (-0.29%)

EGN

Energen

$69.80

0.68 (0.98%)

IEP

Icahn Enterprises

$67.89

-1.41 (-2.03%)

NWL

Newell Brands

$20.63

0.1 (0.49%)

VMW

VMware

$152.41

1.86 (1.24%)

LNG

Cheniere Energy

$58.54

-1.07 (-1.80%)

CVI

CVR Energy

$37.97

-0.53 (-1.38%)

HLF

Herbalife Nutrition

$54.70

-0.35 (-0.64%)

03/08/13
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  • 06

    Dec

  • 10

    Jan

AVID

Avid

$5.79

0.19 (3.39%)

17:21
11/14/18
11/14
17:21
11/14/18
17:21
Earnings
Avid sees FY19 revenue $420M-$430M, consensus $420.19M »

Sees FY19 adjusted EBITDA…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 14

    Nov

LMT

Lockheed Martin

$303.25

-2.65 (-0.87%)

17:19
11/14/18
11/14
17:19
11/14/18
17:19
Hot Stocks
Lockheed Martin awarded $382M Naval Air Systems Command contract »

Lockheed Martin has been…

03/08/13
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03/08/13
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03/06/13
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PAH

Platform Specialty Products

$10.56

-0.145 (-1.35%)

17:19
11/14/18
11/14
17:19
11/14/18
17:19
Hot Stocks
Platform Specialty Products director Martin Franklin buys over $2.2M in shares »

Platform Specialty…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 14

    Nov

SU

Suncor

$33.42

0.88 (2.70%)

17:18
11/14/18
11/14
17:18
11/14/18
17:18
Hot Stocks
Suncor CEO Steve Williams to retire on May 2, 2019, Mark Little to succeed »

Suncor announced that…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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LMT

Lockheed Martin

$303.25

-2.65 (-0.87%)

17:16
11/14/18
11/14
17:16
11/14/18
17:16
Hot Stocks
Lockheed Martin awarded $22.71B Naval Air Sytems Command contract modification »

Lockheed Martin has been…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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MDLZ

Mondelez

$43.76

-0.33 (-0.75%)

, LOW

Lowe's

$95.02

-0.61 (-0.64%)

17:16
11/14/18
11/14
17:16
11/14/18
17:16
Hot Stocks
Pershing Square exits Mondelez, cuts Chipotle stake in Q3 »

Bill Ackman's…

MDLZ

Mondelez

$43.76

-0.33 (-0.75%)

LOW

Lowe's

$95.02

-0.61 (-0.64%)

UTX

United Technologies

$128.89

-0.245 (-0.19%)

CMG

Chipotle

$478.96

-6.09 (-1.26%)

HHC

Howard Hughes

$109.31

0.295 (0.27%)

ADP

ADP

$142.75

-2.11 (-1.46%)

QSR

Restaurant Brands

$55.37

-0.3 (-0.54%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 20

    Nov

MNK

Mallinckrodt

$30.92

-0.17 (-0.55%)

17:11
11/14/18
11/14
17:11
11/14/18
17:11
Hot Stocks
Mallinckrodt reports on FDA advisory committee findings on Roxicodone »

SpecGx LLC, a subsidiary…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 14

    Nov

  • 14

    Nov

  • 16

    Nov

EYE

National Vision

$41.79

0.72 (1.75%)

17:08
11/14/18
11/14
17:08
11/14/18
17:08
Syndicate
National Vision files to sell 12.5M shares of common stock for holders »

Goldman Sachs & Co.…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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PPG

PPG

$105.35

1.03 (0.99%)

, MDLZ

Mondelez

$43.76

-0.33 (-0.75%)

17:08
11/14/18
11/14
17:08
11/14/18
17:08
Hot Stocks
Trian raises stakes in PPG Industries, GE, cuts stake in Sysco in Q3 »

Nelson Peltz's Trian…

PPG

PPG

$105.35

1.03 (0.99%)

MDLZ

Mondelez

$43.76

-0.33 (-0.75%)

GE

General Electric

$8.34

-0.265 (-3.08%)

SYY

Sysco

$66.47

-0.45 (-0.67%)

PG

Procter & Gamble

$93.50

0.03 (0.03%)

BK

BNY Mellon

$48.25

0.05 (0.10%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 14

    Nov

  • 03

    Mar

WPM

Wheaton Precious Metals

$15.97

0.25 (1.59%)

17:05
11/14/18
11/14
17:05
11/14/18
17:05
Hot Stocks
Wheaton Precious Metals sees 2018 gold production 355K ounces »

Wheaton's estimated…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 15

    Nov

TER

Teradyne

$34.90

0.88 (2.59%)

17:05
11/14/18
11/14
17:05
11/14/18
17:05
Hot Stocks
Teradyne to transfer stock listing to Nasdaq from NYSE »

Teradyne announced that…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 14

    Nov

ACBI

Atlantic Capital

$15.40

-0.62 (-3.87%)

17:05
11/14/18
11/14
17:05
11/14/18
17:05
Hot Stocks
Atlantic Capital announces $85M stock repurchase plan »

Atlantic Capital…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 06

    Dec

FBK

FB Financial

$37.72

-0.65 (-1.69%)

, ACBI

Atlantic Capital

$15.40

-0.62 (-3.87%)

17:04
11/14/18
11/14
17:04
11/14/18
17:04
Hot Stocks
FB Financial acquires branches from Atlantic Capital Bank »

FB Financial (FBK)…

FBK

FB Financial

$37.72

-0.65 (-1.69%)

ACBI

Atlantic Capital

$15.40

-0.62 (-3.87%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 14

    Nov

  • 15

    Nov

  • 05

    Dec

  • 06

    Dec

  • 06

    Dec

WPM

Wheaton Precious Metals

$15.97

0.25 (1.59%)

17:04
11/14/18
11/14
17:04
11/14/18
17:04
Earnings
Wheaton Precious Metals reports Q3 adjusted EPS 8c, consensus 10c »

Reports Q3 revenue $186M,…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 15

    Nov

ZTO

ZTO Express

$16.08

0.26 (1.64%)

17:03
11/14/18
11/14
17:03
11/14/18
17:03
Hot Stocks
ZTO Express announces up to $500M share repurchase program »

ZTO Express announced…

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  • 14

    Nov

ZTO

ZTO Express

$16.08

0.26 (1.64%)

17:03
11/14/18
11/14
17:03
11/14/18
17:03
Earnings
ZTO Express sees Q4 adjusted net income RMB1.2B-RMB1.3B »

Sees Q4 parcel volume up…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 14

    Nov

ZTO

ZTO Express

$16.08

0.26 (1.64%)

17:02
11/14/18
11/14
17:02
11/14/18
17:02
Earnings
ZTO Express reports Q3 earnings per ADS RMB1.35 vs RMB1.00 last year »

Reports Q3 revenue…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 14

    Nov

AVYA

Avaya

$15.75

-0.09 (-0.57%)

17:01
11/14/18
11/14
17:01
11/14/18
17:01
Hot Stocks
Avaya announces $15M warrant repurchase program »

Avaya Holdings announced…

03/08/13
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03/06/13
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03/06/13
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  • 04

    Dec

  • 12

    Dec

MTEX

Mannatech

$16.70

(0.00%)

17:00
11/14/18
11/14
17:00
11/14/18
17:00
Hot Stocks
Mannatech authorizes $500,000 share repurchase program »

Mannatech announced that…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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STT

State Street

$70.34

-0.71 (-1.00%)

, WMB

Williams

$24.75

0.43 (1.77%)

16:57
11/14/18
11/14
16:57
11/14/18
16:57
Hot Stocks
Appaloosa takes new Apple stake, exits Wells, Ally, UBS in Q3 »

David Tepper's…

STT

State Street

$70.34

-0.71 (-1.00%)

WMB

Williams

$24.75

0.43 (1.77%)

AAPL

Apple

$186.81

-5.42 (-2.82%)

WFC

Wells Fargo

$52.15

-0.59 (-1.12%)

ALLY

Ally Financial

$25.40

-0.17 (-0.66%)

UBS

UBS

$13.70

0.055 (0.40%)

KEY

KeyCorp

$18.22

-0.2 (-1.09%)

WDC

Western Digital

$45.06

0.38 (0.85%)

PCG

PG&E

$25.66

-7.04 (-21.53%)

NRG

NRG Energy

$39.03

-0.37 (-0.94%)

VST

Vistra Energy

$23.83

-0.49 (-2.01%)

BYD

Boyd Gaming

$24.62

1 (4.23%)

MU

Micron

$38.03

0.17 (0.45%)

FB

Facebook

$144.25

2.06 (1.45%)

BABA

Alibaba

$150.55

3.72 (2.53%)

AGN

Allergan

$157.71

-4.925 (-3.03%)

GOOG

Alphabet

$1,043.53

7.2 (0.69%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 14

    Nov

  • 14

    Nov

  • 15

    Nov

  • 15

    Nov

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    Nov

  • 19

    Nov

  • 28

    Nov

  • 04

    Dec

  • 17

    Jan

  • 03

    Mar

  • 12

    Apr

  • 13

    Jul

  • 12

    Oct

KREF

KKR Real Estate Finance

$20.56

-0.06 (-0.29%)

16:53
11/14/18
11/14
16:53
11/14/18
16:53
Syndicate
KKR Real Estate Finance files to sell 4.5M shares of common stock »

Consisting of 500,000…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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ORN

Orion Group

$4.60

0.01 (0.22%)

16:52
11/14/18
11/14
16:52
11/14/18
16:52
Hot Stocks
Orion Group award dredging contract of approximately $13M »

Orion Group announced a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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WEX

Wex

$157.62

-4.01 (-2.48%)

16:49
11/14/18
11/14
16:49
11/14/18
16:49
Earnings
Wex sees long term revenue growth of 10%-15% adjusted net income up 15%-20% »

Guidance from Wex…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 14

    Nov

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