The Trade Desk Inc. (NASDAQ:TTD) will be releasing its earnings data after the market closes on Thursday, November 9th. Analysts expect The Trade Desk to post earnings of $0.20 per share for the quarter.
The Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, August 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.29. The Trade Desk had a net margin of 13.92% and a return on equity of 26.34%. The business had revenue of $72.80 million during the quarter, compared to analyst estimates of $68.02 million. The Trade Desk’s revenue for the quarter was up 54.2% on a year-over-year basis. On average, analysts expect The Trade Desk to post $1.16 EPS for the current fiscal year and $1.31 EPS for the next fiscal year.
COPYRIGHT VIOLATION WARNING: This story was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this story can be viewed at https://www.com-unik.info/2017/11/02/the-trade-desk-inc-ttd-scheduled-to-post-earnings-on-thursday.html.
Several analysts have issued reports on the company. Zacks Investment Research cut The Trade Desk from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. BidaskClub upgraded The Trade Desk from a “hold” rating to a “buy” rating in a report on Tuesday, September 12th. Macquarie assumed coverage on The Trade Desk in a report on Thursday, October 12th. They set an “outperform” rating and a $78.00 price target for the company. Susquehanna Bancshares Inc restated a “positive” rating and set a $66.00 target price on shares of The Trade Desk in a report on Thursday, September 7th. Finally, Vetr upgraded The Trade Desk from a “buy” rating to a “strong-buy” rating and set a $71.92 target price for the company in a report on Tuesday, October 17th. One analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $66.63.
In related news, CFO Paul Ross sold 3,705 shares of the company’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $63.33, for a total value of $234,637.65. Following the completion of the transaction, the chief financial officer now directly owns 53,451 shares in the company, valued at $3,385,051.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David Randall Pickles sold 75,000 shares of the company’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $49.91, for a total value of $3,743,250.00. Following the completion of the transaction, the insider now owns 127,736 shares of the company’s stock, valued at $6,375,303.76. The disclosure for this sale can be found here. Over the last three months, insiders sold 219,394 shares of company stock valued at $12,357,382. Insiders own 26.87% of the company’s stock.
About The Trade Desk
The Trade Desk, Inc is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats, including display, video and social, and on a range of devices, including computers, mobile devices and connected television.
What are top analysts saying about The Trade Desk Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for The Trade Desk Inc. and related companies.