Reddit (RDDT) is set to release its first-quarter 2025 results on Thursday.For the first quarter of 2025, the company expects revenues between $360 million and $370 million, representing 48% to 52% year-over-year revenue growth, with a midpoint of 50%. The Zacks Consensus Estimate for first-quarter revenues is pegged at $372.09 million, indicating a year-over-year increase of 53.15%.The consensus mark for earnings is pegged at 3 cents per share, which has increased by a penny in the past 30 days. RDDT’s ear ...

Reddit (RDDT) shares have plunged 26.5% in the year-to-date period, underperforming the broader Zacks Computer & Technology sector’s decline of 11% and the Zacks Internet - Software industry’s rise of 5.8%.The underperformance can be attributed to the worsening macroeconomic environment following U.S. President Donald Trump’s decision to levy tariffs on trading partners, including China and Mexico. Intense competition from other social media platforms is consistently affecting user engagement and market sha ...