Earnings Preview & HistoryReddit is scheduled to report second-quarter earnings on July 30. The company is expected to report earnings per share of 97 cents along with revenue of $732.82 million. For the prior quarter, Reddit reported earnings per share of $1.01, beating the consensus estimate of 58 cents. The company also posted revenue of $663.41 million, exceeding the consensus estimate of $609.04 million.Reddit has beaten EPS estimates in eight consecutive quarters. Over the last four quarters, the company has averaged an EPS surprise of 0.74% and a revenue surprise of 0.10%.A Mixed Technical Picture Ahead of EarningsReddit is trading 6.1% below its 20-day SMA ($185.96), which tells you the stock has been losing short-term trend support and is now trying to stabilize after a pullback. At the same time, it’s still 1% above its 50-day SMA ($172.99) and 9.3% above its 100-day SMA ($159.74), so the intermediate trend hasn’t fully rolled over yet.RSI is the cleaner momentum read right now: at 51.01, it’s neutral, suggesting the stock isn’t stretched enough to be "washed out," but it’s also not showing the kind of strong upside pressure that typically powers breakouts. In plain English, RSI helps gauge whether buying or selling has gotten overdone, and this reading points to a market that’s more balanced than emotional.The moving-average structure is mixed: the 20-day SMA is above the 50-day SMA (a bullish short-term alignment), but the death cross from March (50-day SMA below the 200-day SMA) is still a longer-term caution flag. That combination often produces choppy trading where rallies can fade quickly unless price can reclaim the longer moving averages.