Can Reddit's Solid Q3 Earnings & Revenue Beat Drive the Stock?
Reddit(RDDT) ZACKS·2024-10-31 01:16
Reddit (RDDT) reported third-quarter 2024 earnings of 16 cents per share, comfortably beating the Zacks Consensus Estimate of a loss of 7 cents per share. Reddit had reported a loss of 13 cents per share in the yearago quarter. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Revenues of $348.4 million surpassed the Zacks Consensus Estimate by 11.31%. The reported figure rallied 68% year over year. Reddit offered a strong fourth-quarter 2024 guidance. This, along with the solid third- ...