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.
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After a few months of positive data, the Fed chair says he’s in no rush to cut rates – and this analyst says inflation could stick around for the near future.
As the DOJ potentially prepares to file criminal charges against Boeing, an industry expert breaks down what went wrong – and how it could make things right.
The Fed chair seems pleased with how far inflation has fallen, but according to this analyst, we could be waiting until 2025 to hit that crucial 2% goal.
While the Fed has made it clear that it won’t consider cutting rates until at least September, one analyst is expecting a whopping seven cuts in a row.
