Gift Opening
$200 Off MarketBeat All Access
Thanks for being one of our best subscribers! You are eligible for a limited-time discount.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
Claim Your Discount
×
Free Trial

Reddit (RDDT) Earnings Date, Estimates & Call Transcripts

$81.36
+2.76 (+3.51%)
(As of 10/25/2024 08:57 PM ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 29
After Market Closes
Confirmed
Actual EPS
(Aug. 6)
-$0.06 Beat By $0.25
Consensus EPS
(Aug. 6)
-$0.31
Skip Charts & View Estimated and Actual Earnings Data

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 EstimateCompany Guidance
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)

RDDT Earnings Date and Information

Reddit last released its quarterly earnings data on August 6th, 2024. The reported ($0.06) EPS for the quarter, beating analysts' consensus estimates of ($0.31) by $0.25. The business earned $281.20 million during the quarter, compared to analyst estimates of $253.86 million. Its revenue was up 53.6% compared to the same quarter last year. Reddit has generated $0.00 earnings per share over the last year. Earnings for Reddit are expected to grow in the coming year, from ($4.10) to ($0.02) per share. Reddit has confirmed that its next quarterly earnings report will be published on Tuesday, October 29th, 2024. Reddit will be holding an earnings conference call on Tuesday, October 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call..

Reddit Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/29/2024
(Confirmed)
-------  
8/6/2024Q2 2024($0.31)($0.06)+$0.25($0.06)$253.86 million$281.20 million      
5/7/2024Q1 2024($2.3420)($8.19)($5.8480)($8.19)$213.99 million$243.00 million      

Reddit Earnings - Frequently Asked Questions

When is Reddit's earnings date?

Reddit has confirmed that its next quarterly earnings data will be published on Tuesday, October 29th, 2024. Learn more on RDDT's earnings history.

What guidance has Reddit issued on next quarter's earnings?

Reddit issued an update on its third quarter 2024 earnings guidance on Tuesday, August, 6th. The company issued revenue guidance of $290.0 million-$310.0 million, compared to the consensus revenue estimate of $278.7 million.

Did Reddit beat their earnings estimates last quarter?

In the previous quarter, Reddit (NYSE:RDDT) reported ($0.06) earnings per share (EPS) to beat the analysts' consensus estimate of ($0.31) by $0.25. Learn more on analysts' earnings estimate vs. RDDT's actual earnings.

How can I listen to Reddit's earnings conference call?

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

How can I read Reddit's conference call transcript?

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

How much revenue does Reddit generate each year?

Reddit (NYSE:RDDT) has a recorded annual revenue of $804.03 million.

How much profit does Reddit generate each year?

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.

What is Reddit's EPS forecast for next year?

Reddit's earnings are expected to grow from ($4.10) per share to ($0.02) per share in the next year.


`

More Earnings Resources from MarketBeat


This page (NYSE:RDDT) was last updated on 10/28/2024 by MarketBeat.com Staff
From Our Partners