Snap (SNAP) closed at $6.71 in the latest trading session, marking a +0.9% move from the prior day. This change outpaced the S&P 500's 0.15% loss on the day. Elsewhere, the Dow lost 0.4%, while the tech-heavy Nasdaq 0%.Prior to today's trading, shares of the company behind Snapchat had lost 10.14% over the past month. This has lagged the Computer and Technology sector's loss of 5.26% and the S&P 500's loss of 1.27% in that time.Investors will be hoping for strength from SNAP as it approaches its next earnings release, which is expected to be February 5, 2019. On that day, SNAP is projected to report earnings of -$0.08 per share, which would represent year-over-year growth of 38.46%. Our most recent consensus estimate is calling for quarterly revenue of $375.24 million, up 31.35% from the year-ago period.SNAP's full-year Zacks Consensus Estimates are calling for earnings of -$0.52 per share and revenue of $1.17 billion. These results would represent year-over-year changes of +14.75% and +41.4%, respectively.Any recent changes to analyst estimates for SNAP should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.72% higher. SNAP currently has a Zacks Rank of #2 (Buy).The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 54, which puts it in the top 21% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Snap Inc. (SNAP): Free Stock Analysis Report To read this article on Zacks.com click here.