Reddit Stock Hasn't Missed an EPS Estimate in Two Years — Will Q2 Break the Streak?
Reddit Inc. (NYSE: RDDT ) shares are in the spotlight, with earnings on deck, fresh analyst activity, a mixed technical setup and Edge Rankings all drawing attention. Earnings Preview & History Reddit is scheduled to report second-quarter earnings on July 30. The company is expected to report earnings per share of 97 cents along with revenue of $732.82 million. For the prior quarter, Reddit reported earnings per share of $1.01, beating the consensus estimate of 58 cents. The company also posted revenue of $663.41 million, exceeding the consensus estimate of $609.04 million. Reddit has beaten EPS estimates in eight consecutive quarters. Over the last four quarters, the company has averaged an EPS surprise of 0.74% and a revenue surprise of 0.10%. A Mixed Technical Picture Ahead of Earnings Reddit is trading 6.1% below its 20-day SMA ($185.96), which tells you the stock has been losing...
Reddit Inc. (NYSE: RDDT ) shares are in the spotlight, with earnings on deck, fresh analyst activity, a mixed technical setup and Edge Rankings all drawing attention. Earnings Preview & History Reddit is scheduled to report second-quarter earnings on July 30. 82 million.
01, beating the consensus estimate of 58 cents. 04 million. Reddit has beaten EPS estimates in eight consecutive quarters. 10%.
96), which tells you the stock has been losing short-term trend support and is now trying to stabilize after a pullback. 74), so the intermediate trend hasn’t fully rolled over yet. 01, it’s neutral, suggesting the stock isn’t stretched enough to be "washed out," but it’s also not showing the kind of strong upside pressure that typically powers breakouts. In plain English, RSI helps gauge whether buying or selling has gotten overdone, and this reading points to a market that’s more balanced than emotional.
The moving-average structure is mixed: the 20-day SMA is above the 50-day SMA (a bullish short-term alignment), but the death cross from March (50-day SMA below the 200-day SMA) is still a longer-term caution flag. That combination often produces choppy trading where rallies can fade quickly unless price can reclaim the longer moving averages. 41. 22) — The stock’s trend is still constructive, but the current pullback suggests buyers are being more selective at these levels.
Value: Weak (Score: 13/100) — The market is pricing in a lot of future execution, leaving less room for error if growth cools. 83) — Expectations remain geared toward fast expansion, which is why earnings and guidance can move the stock sharply. The Verdict: Reddit’s Edge signal reveals a growth-heavy profile, with strong growth characteristics but a weak value setup. With momentum sitting in the middle, the next directional push likely depends on whether the stock can reclaim key moving averages ahead of earnings.
26, according to data Pro. Image via Shutterstock