The third quarter financial results of Snap (NYSE: SNAP) will be revealed on Tuesday 29th October 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.
The latest projections from financial analysts on Wall Street suggest that the concern is likely to reveal an estimated $0.05 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $1.36 billion for the period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $5.34 billion. Additionally, they are expecting the company to report profit of $0.21 per share for the full year 2024.
In the same three months of the year before, the company made income of $0.02 per share, as shown in their financial report. This number came from the total revenue of $1.19 billion that the company earned in that particular quarter.
In addition, The firm will review the third quarter financial results on 29th October 2024 at 05:00 PM eastern time, in a conference call with public.
During Friday's trading, Snap (SNAP) shares reached a low of $10.29 and a high of $10.54, along with a total volume of 18.67 million shares. The stock ended the regular trading session at $10.45, reflecting an advance of 1.75 percent.
