SunTrust Banks Equities Analysts Decrease Earnings Estimates for Spotify (SPOT)
Spotify (NASDAQ:SPOT) – Stock analysts at SunTrust Banks lowered their FY2018 earnings per share (EPS) estimates for shares of Spotify in a research note issued to investors on Monday, February 4th. SunTrust Banks analyst M. Thornton now expects that the company will post earnings per share of ($3.44) for the year, down from their prior estimate of ($3.43).