Here's Why Snap (SNAP) Fell More Than Broader Market

Snap (SNAP) declined 6.01% in trading, underperforming the S&P 500's 1.11% loss. The company is set to report earnings on November 4, 2026, with analysts expecting $0.16 EPS (166.67% YoY growth) and $1.72B revenue (14.33% growth). For the full year, consensus estimates project $0.59 EPS and $6.78B revenue. SNAP trades at a Forward P/E of 11.06, below the industry average of 20.8, and holds a Zacks Rank #3 (Hold) rating.