Snap Q3 earnings preview: Investors hoping for signs of recovery

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Snap has been going through a rough patch. Wall Street is watching how they're emerging from the storm.

) will report its third quarter earnings after the bell on Tuesday, as Wall Street hopes for guidance suggesting that, finally, the company may be moving out of its rough patch.

Snap's adjusted Ebitda will also be worth watching, as analysts are anticipating a loss of $64.2 million. But it's Snap's Q3 revenue, if a miss, that will become the flashpoint metric. “If there is anything instructive from internal targets, we believe it is understanding: one, where Snap is seeing signs of change that could support these opportunities... and two, how Snap is investing to support this growth," wrote Patterson.

'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft Q1 earnings preview: Wall Street looks for signs of AI-powered growthMicrosoft will report its Q1 earnings after the bell on Thursday, as investors look for signs that its AI investments are paying off.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street drifts lower as pressure rises from the bond marketNEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.
Source: SooToday - 🏆 8. / 85 Read more »

Wall Street analysts on impact of rising yields on stocksSeveral Wall Street analysts, including Morgan Stanley's Mike Wilson and RBC Capital Markets' Lori Calvasina, published notes illustrating stock market risks...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Spotify earnings preview: Wall Street focused on improving margins amid profitability pushSpotify will report earnings before the bell on Tuesday. Here's what to expect.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »