Trade Desk Earnings Preview
Portfolio Pulse from Benzinga Insights
Trade Desk (NASDAQ:TTD) is scheduled to release its quarterly earnings report on February 15, 2024, with analysts expecting an EPS of $0.43. Historical data shows mixed reactions to past earnings, with the last quarter's beat resulting in a 16.66% share price drop. Shares are currently trading at $72.94, up 15.63% over the last year. Investors are keen on both the earnings outcome and the company's future guidance.
February 14, 2024 | 6:01 pm
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Trade Desk is expected to report an EPS of $0.43 for the upcoming quarter. Historical earnings performance shows significant price volatility post-earnings, with a notable 16.66% drop after last quarter's beat. Shares have risen 15.63% over the past year.
Given Trade Desk's history of price volatility post-earnings, the upcoming report could go either way. The focus will be on whether they beat the EPS estimate and their future guidance. Historical data suggests significant price movements are possible, but the overall positive yearly stock performance may temper reactions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100