Shares of Reddit (RDDT) rose slightly in after-hours trading after the social media company reported earnings for its third quarter of Fiscal Year 2025. Earnings per share came in at $0.80, beating analysts’ consensus estimate of $0.53 per share. Sales rose 68% year-over-year, reaching $585 million, which topped forecasts of $549.12 million. Elevate Your Investing Strategy: Take advantage of TipRanks …
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Reddit’s (RDDT) Q3 Earnings Today: Options Traders Brace for a 13.95% Swing
Reddit (RDDT) is set to report its third-quarter earnings after market close on Thursday, October 30, and Wall Street is bracing for a potentially large move. According to options pricing, traders are bracing for a 13.95% swing in either direction. This is slightly higher than the social media platform’s one-year average post-earnings move of 12.49%. Elevate Your Investing Strategy: Take advantage …
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