Snap reports earnings after the Closing Bell Tuesday. CFRA's Director of Equity Research Scott Kessler explains his predictions for the social media company's quarterly report.
Wall Street is expecting quarterly revenue to generate about $253 million, and earnings per share loss of $0.16. Kessler says the key number he is watching for is user growth.
On whether report is a make or break moment for Snap, Kessler says not so fast. "There's a lot of work--a lot of wood that needs to be chopped so to speak. This is one in many quarters that the company is going to report," said Kessler.
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Target will no longer accept personal checks from shoppers as of July 15 in a sign of how a once ubiquitous payment method is going the way of the dodo.
