Investors betting on strong third-quarter results from all social-media companies could see Christmas come early. They should enjoy the gifts while they last. Sector earnings will kick off Tuesday afternoon when Snapchat parent Snap Inc. is set to report its latest results. Wall Street is optimistic about the group’s four key players, including Snap, Facebook, Twitter and Pinterest, forecasting an average of nearly 16% annual revenue growth for the period compared with a year earlier. That would be a significant rebound compared...

Source: Wall Street Journal October 16, 2020 11:26 UTC