This is a news story, published by MSN, that relates primarily to JMP news.
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SnapTheStreet
•85% Informative
Snap posted better-than-expected third-quarter results on Oct. 29 .
The company reported adjusted earnings of 8 cents per share, up from 2 cents a year earlier and beating the consensus estimate of 5 cents a share.
The stock is down nearly 26% year-to-date .
JMP is increasing the possibility that the Simple Snapchat rollout will be consistently delayed and that it will be less effective at driving engagement than previously believed, the firm said.
Truist raised its price target on Snap to $ 14 from $ 13 and maintained a hold rating on the shares.
The quarterly results came in ahead of muted expectations while the fourth-quarter guidance was mixed.
VR Score
88
Informative language
89
Neutral language
48
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
12
Source diversity
2
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