The third quarter financial results of Reddit (RDDT) will be revealed on Tuesday 29th October 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.
Financial analysts on Wall Street are anticipating that the enterprise will announce an estimated $0.07 loss per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $312.83 million for this period.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $1.2 billion. Additionally, they expect the company to report per share loss of $5.35 for the fiscal year.
RDDT has scheduled a conference call on 29th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Reddit (RDDT) shares traded as low as $79.02 and as high as $81.72 on a day volume of 3.89 million shares, closed Friday's regular trading session at $81.36, an upturn of 3.51 percent.