Reddit expected to beat Q2 revenue and EBITDA estimates on strong ad sales and user growth.

Reddit is forecasted to surpass Wall Street's second-quarter revenue and EBITDA estimates, driven by robust advertising performance and improving user growth. Jefferies highlights expectations for revenue and EBITDA to exceed consensus by mid-single-digit and low-double-digit percentages, respectively. User growth, especially in US daily active users, is a key focus, with traffic rebounding strongly in Q2. Investors will watch for progress in new ad products, automation tools, and upcoming data licensing talks with Google and OpenAI.