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Reddit (RDDT) Earnings Date, Estimates & Call Transcripts

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$170.71 +6.99 (+4.27%)
(As of 12/20/2024 05:45 PM ET)

Reddit Latest Earnings Summary

Actual EPS
(Oct. 29)
$0.16 Beat By $0.23
Consensus EPS
(Oct. 29)
-$0.07

Reddit released Q3 2024 earnings on October 29, 2024, reporting an EPS of $0.16, which topped analysts' consensus estimates of -$0.07 by $0.23. Quarterly revenue rose 67.9% year-over-year to $348.40 million, above analyst estimates of $313.61 million. With a trailing EPS of $0.00, Reddit's earnings are expected to grow next year, from ($3.46) to $0.66 per share.

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RDDT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

RDDT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Reddit Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241-$8.68-$8.68-$8.68
Q2 20241-$0.32-$0.32-$0.32
Q3 20241-$0.07-$0.07-$0.07
Q4 20241$0.07$0.07$0.07
FY 20244-$9.00-$9.00-$9.00
Q1 20251-$0.20-$0.20-$0.20
Q2 20251-$0.04-$0.04-$0.04
Q3 20251$0.03$0.03$0.03
Q4 20251$0.18$0.18$0.18
FY 20254($0.03)($0.03)($0.03)

Reddit Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/29/2024Q3 2024-$0.07$0.16+$0.23$0.16$313.61M$348.40M
8/6/2024Q2 2024-$0.31-$0.06+$0.25-$0.06$253.86M$281.20M
5/7/2024Q1 2024-$2.3420-$8.19 -$5.8480-$8.19$213.99M$243.00M

Reddit Earnings - Frequently Asked Questions

Reddit (NYSE:RDDT) last announced its quarterly earning data on Tuesday, October 29, 2024. Learn more on RDDT's earnings history.

Reddit updated its fourth quarter 2024 earnings guidance on Tuesday, October, 29th. The company issued revenue guidance of $385.0 million-$400.0 million, compared to the consensus revenue estimate of $356.7 million.

In the previous quarter, Reddit (NYSE:RDDT) reported $0.16 earnings per share (EPS) to beat the analysts' consensus estimate of ($0.07) by $0.23. Learn more on analysts' earnings estimate vs. RDDT's actual earnings.

The conference call for Reddit's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Reddit's latest earnings report can be read online.
Read Transcript

Reddit's earnings report can be found in their filing with the SEC.
View SEC filing

Reddit (NYSE:RDDT) has a recorded annual revenue of $1.12 billion.

Reddit (NYSE:RDDT) has a recorded net income of -$90.82 million. RDDT has generated $0.00 earnings per share over the last four quarters.

Reddit's earnings are expected to grow from ($3.46) per share to $0.66 per share in the next year.

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This page (NYSE:RDDT) was last updated on 12/22/2024 by MarketBeat.com Staff
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