What's Going On With Snap Stock Tuesday?

Snap Inc. SNAP is in the spotlight ahead earnings Tuesday. Here’s what you need to know.

What To Know: Analysts’ estimate first-quarter earnings of 3 cents per share and revenue of $1.35 billion, according to data from Benzinga Pro.

The company previously guided for revenue between $1.23 billion and $1.36 billion and adjusted EBITDA between $40 million and $75 million for the first-quarter.

Snap also expects infrastructure costs per daily active user to be between 82 cents and 87 cents. Content, developer, advertising partner and other costs are expected to represent 19% to 20% of revenue.

In its last letter to shareholders, the company said, “As we look ahead to 2025, we see additional opportunities to invest productively in scaling our business given the foundational improvements we have made to our ad platform and the momentum we have established in our go to market initiatives, particularly the SMB segment. Our investment plans for 2025 reflect this optimism, alongside a strong commitment to make further financial progress towards profitability as we scale.”

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SNAP Price Action: At the time of writing, Snap stock is trading 1.0.8% higher at $8.92, per data from Benzinga Pro.

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