Reddit Stock Before Q1 Earnings: A Smart Move or Risky Investment?
Reddit (RDDT) is set to release its first-quarter 2025 results on Thursday.For the first quarter of 2025, the company expects revenues between 370 million, representing 48% to 52% year-over-year revenue growth, with a midpoint of 50%. The Zacks Consensus Estimate for first-quarter revenues is pegged at $372.09 million, indicating a year-over-year increase of 53.15%.The consensus mark for earnings is pegged at 3 cents per share, which has increased by a penny in the past 30 days. RDDT’s ear ...