What are analysts expecting from Snap's revenue?
Analysts expect Snap's revenue to grow 12.6% year-on-year to $1.35 billion.
Finance / Earnings
As Meta releases its earnings report, investors are also watching Snap and Reddit for insights into the digital advertising market. Snap is expected to release its earnings first, followed by Reddit. Analysts are closely watching these repo...
Snap (SNAP &ref=yanuki.com) is set to release its Q1 2025 earnings report, with analysts anticipating revenue growth of 12.6% year-on-year, reaching $1.35 billion. The focus will be on whether Snap can maintain its growth trajectory amidst a challenging economic backdrop. Deutsche Bank analysts, while maintaining a "buy" rating, lowered their price target, citing a pullback in digital ad spending.
Reddit (RDDT &ref=yanuki.com), scheduled to report on Thursday, is under scrutiny after a previous quarter's miss in daily active users, partly attributed to changes in Google's search algorithm. Analysts are keen to see if Reddit has recovered and can demonstrate continued user engagement.
Comparisons to Alphabet's (GOOGL &ref=yanuki.com) recent strong performance add another layer to the analysis. Alphabet's success with AI features could signal positive trends for other tech companies, potentially benefiting Meta, Snap, and Reddit.
Analysts expect Snap's revenue to grow 12.6% year-on-year to $1.35 billion.
Daily active users will be in focus after Reddit missed expectations last quarter.
Google's better-than-expected results could offer a positive read-through for Reddit and support sustained momentum for Snap.
What are your expectations for Snap and Reddit's earnings reports? How do you think the changing digital landscape will impact their future performance? Share this article with others who need to stay ahead of this trend!
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