Equity Profile

DJT

Trump Media & Technology Group Corp.

Communication ServicesInteractive Media & Services$2.3B

Apr24Thu

Pre-Earnings Brief

UpcomingQ3-2025After Close5:00 PM EDT

Company Snapshot

Trump Media & Technology Group Corp. operates in the communication services sector, focusing on interactive media and technology....

Key Metrics to Watch

User Growth

This metric is crucial as it reflects the platform's ability to attract and retain users, which directly impacts revenue potential.

N/A

Advertising Revenue

As a media company, advertising revenue is a key driver of financial performance, indicating how well the platform monetizes its user base.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DJT Q3-2025 Earnings Preview

Context

Company Snapshot

Trump Media & Technology Group Corp. operates in the communication services sector, focusing on interactive media and technology. The company is known for its social media platform, which aims to provide an alternative to mainstream social networks. With a market cap of $2 billion, its performance can be influenced by trends in consumer engagement and digital media consumption.

Earnings Scorecard·Last 3Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

+0.00%

Avg Stock Reaction

-1.99%

Last Quarter Recap

In Q2 2025, Trump Media reported an earnings per share (EPS) of -$0.08, continuing a trend of losses. The stock reacted negatively, dropping 3.81% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about the upcoming earnings report, hoping for signs of user growth and improved monetization strategies. However, past performance raises concerns about continued losses.

Bull Case

If the company shows significant user growth and improved advertising revenue, it could signal a turnaround, attracting more investors and boosting stock prices.

Bear Case

On the other hand, if losses continue without clear strategies for growth, investor confidence may wane, leading to further declines in stock value.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the current user growth rate?

User growth is essential for future revenue generation, and any positive trend could boost investor sentiment.

How has advertising revenue changed compared to last quarter?

Changes in advertising revenue will indicate the company's ability to monetize its user base effectively.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may underestimate the potential for user growth driven by recent marketing initiatives and platform improvements, which could lead to better-than-expected engagement.

Supporting Evidence

The options market is pricing a 5.93% move, indicating expectations of volatility that may not fully reflect the company's potential upside.

Historical performance shows that the stock has reacted positively in similar setups, suggesting that current pessimism may be overdone.

Key Risk

If user growth exceeds 10%, it could challenge the current bearish sentiment and lead to a reassessment of the company's value.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate centers around whether the company can successfully grow its user base and monetize effectively in a competitive landscape.

Bull Confirmed If

A user growth rate exceeding 10% quarter-over-quarter would indicate strong market interest and potential for revenue growth.

Bear Confirmed If

Continued losses without a clear path to profitability would confirm bearish sentiment.

Pre-Earnings Positioning

Options Market

Implied Move

±5.93%

Historical Avg

±2.0%

Pricing rich

The options market is pricing in a significant move of nearly 6%, suggesting that traders expect volatility surrounding the earnings report.

Options are pricing ±5.9% while DJT has averaged ±2.0% over the last 3 prints — setup is pricing rich.

Detail

ATM IV

0.9%

30d HV

50.7%

Calls (1.5M)P/C Ratio: 0.39Puts (142K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If the company beats expectations with positive user growth and revenue, history suggests a potential stock increase of around 4.1% on the first trading day.

In-Line / Cautious

If results are in line with expectations but lack strong guidance, the stock may experience muted movement as investors reassess future potential.

Miss

Should the company miss expectations again, history suggests a decline of approximately 1.99% on the following trading day.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on user acquisition strategies and their effectiveness.
2Details on advertising partnerships and revenue growth.
3Any commentary on content engagement and user retention metrics.
4Insights into competitive positioning in the social media landscape.
5Management's outlook on future profitability and growth strategies.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Trump Media & Technology Group Corp. operates in the communication services sector, focusing on interactive media and technology....

Key Metrics to Watch

User Growth

This metric is crucial as it reflects the platform's ability to attract and retain users, which directly impacts revenue potential.

N/A

Advertising Revenue

As a media company, advertising revenue is a key driver of financial performance, indicating how well the platform monetizes its user base.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DJT Q3-2025 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 3Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

+0.00%

Avg Stock Reaction

-1.99%

Last Quarter Recap

In Q2 2025, Trump Media reported an earnings per share (EPS) of -$0.08, continuing a trend of losses. The stock reacted negatively, dropping 3.81% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If the company shows significant user growth and improved advertising revenue, it could signal a turnaround, attracting more investors and boosting stock prices.

Bear Case

On the other hand, if losses continue without clear strategies for growth, investor confidence may wane, leading to further declines in stock value.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the current user growth rate?

User growth is essential for future revenue generation, and any positive trend could boost investor sentiment.

How has advertising revenue changed compared to last quarter?

Changes in advertising revenue will indicate the company's ability to monetize its user base effectively.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may underestimate the potential for user growth driven by recent marketing initiatives and platform improvements, which could lead to better-than-expected engagement.

Supporting Evidence

The options market is pricing a 5.93% move, indicating expectations of volatility that may not fully reflect the company's potential upside.

Historical performance shows that the stock has reacted positively in similar setups, suggesting that current pessimism may be overdone.

Key Risk

If user growth exceeds 10%, it could challenge the current bearish sentiment and lead to a reassessment of the company's value.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate centers around whether the company can successfully grow its user base and monetize effectively in a competitive landscape.

Bull Confirmed If

A user growth rate exceeding 10% quarter-over-quarter would indicate strong market interest and potential for revenue growth.

Bear Confirmed If

Continued losses without a clear path to profitability would confirm bearish sentiment.

Pre-Earnings Positioning

Options Market

Implied Move

±5.93%

Historical Avg

±2.0%

Pricing rich

The options market is pricing in a significant move of nearly 6%, suggesting that traders expect volatility surrounding the earnings report.

Options are pricing ±5.9% while DJT has averaged ±2.0% over the last 3 prints — setup is pricing rich.

Detail

ATM IV

0.9%

30d HV

50.7%

Calls (1.5M)P/C Ratio: 0.39Puts (142K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If the company beats expectations with positive user growth and revenue, history suggests a potential stock increase of around 4.1% on the first trading day.

In-Line / Cautious

If results are in line with expectations but lack strong guidance, the stock may experience muted movement as investors reassess future potential.

Miss

Should the company miss expectations again, history suggests a decline of approximately 1.99% on the following trading day.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on user acquisition strategies and their effectiveness.
2Details on advertising partnerships and revenue growth.
3Any commentary on content engagement and user retention metrics.
4Insights into competitive positioning in the social media landscape.
5Management's outlook on future profitability and growth strategies.