Trade Desk Q2 EPS $0.28 Beats $0.26 Estimate, Sales $464.25M Beat $455.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trade Desk (NASDAQ:TTD) reported Q2 earnings of $0.28 per share, beating the analyst consensus estimate of $0.26 by 7.69%. This is a 40% increase from the same period last year. The company also reported quarterly sales of $464.25 million, beating the analyst consensus estimate of $455.00 million by 2.03%. This is a 23.16% increase from the same period last year.
August 09, 2023 | 8:03 pm
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POSITIVE IMPACT
Trade Desk's Q2 earnings and sales beat estimates, with a YoY increase of 40% and 23.16% respectively.
Trade Desk's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for the stock. The YoY growth in earnings and sales also indicates strong financial performance, which could further boost investor confidence in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100