Snap reports earnings after the Closing Bell Tuesday. CFRA's Director of Equity Research Scott Kessler explains his predictions for the social media company's quarterly report.
Wall Street is expecting quarterly revenue to generate about $253 million, and earnings per share loss of $0.16. Kessler says the key number he is watching for is user growth.
On whether report is a make or break moment for Snap, Kessler says not so fast. "There's a lot of work--a lot of wood that needs to be chopped so to speak. This is one in many quarters that the company is going to report," said Kessler.
Seth Schachner breaks down Zootopia 2’s record-smashing debut, holiday box office trends, early 2026 Oscar contenders, and what’s next for Netflix and WBD.
Truist's Mike Skordeles unpacks earnings trends, market correction, labor force dynamics, and what a possible December rate cut could mean for all of us.
Holiday shopping heats up as big-box earnings reveal how Walmart, Target & Home Depot are navigating consumer pressure, strategy shifts and trends shaping 2025.
The Campbell’s Co. said Tuesday it has placed one of its executives on leave while it investigates claims that he made racist comments and mocked the company’s products and customers in an audio recording.
Elon Musk’s X unveiled a feature that lets users see where an account is based. Online sleuths and experts quickly found that many popular accounts, often posting in support of the U.S. MAGA movement with thousands or hundreds of thousands of followers, are based outside the U.S. This raises concerns about foreign influence in U.S. politics.