Snap Inc (NYSE:SNAP) shares are trading higher by 2.9% to $10.75 during Monday's session. The company is set to announce its third-quarter financial results during Tuesday's after-hours session, with Wall Street closely watching the company's performance after mixed results in the second quarter.

Analysts expect Snap to report earnings of 5 cents per share on revenue of $1.36 billion, which would reflect moderate growth compared to the company's second-quarter results.

What To Know: In the second quarter, Snap reported revenue of $1.24 billion, marking a 16% year-over-year increase but falling slightly short of the consensus estimate...