Snap investors will be looking for signs that the company can maintain momentum from a strong first half to 2019.
$359.7 million expected, according to Refinitiv$1.84 expected, according to Refinitiv
After a rough 2018, Snap has bounced back in 2019. Its shares have rocketed more than 180% since hitting a record low of $4.99 on Dec. 21. Last quarter, Snap beat analysts expectations across the board. Most notably, the company reported 190 million daily active users, up from 186 million the previous quarter. It was Snap's first bit of user growth since its base shrank from 191 million daily users in the first quarter of 2018 to 188 million the following quarter. Investors will want to see that growth continue.
Besides re-surging user growth, Snap has announced a new gaming platform, new original shows, an ad network and more augmented reality features.
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Traders bet Snap could soar 12% after earningsSnap's stock gets bullish bets from options traders as the social media giant prepares to report earnings after Tuesday's closing bell.
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