The Trade Desk Q2 Earnings: Fair Trade Price
The Trade Desk delivered strong results and guidance, with revenue growth rates higher than expected, positioning it well for momentum into 2025. The company's innovative advancements in areas like CTV and retail media have led to robust revenue growth, but macroeconomic challenges and competition pose risks. TTD is priced at 26x forward EBITDA, considered fair but with limited upside potential compared to competitors like AppLovin.
The Trade Desk, Inc. (TTD) Q2 2024 Earnings Call Transcript
The Trade Desk, Inc. (NASDAQ:TTD ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Chris Toth - Investor Relations Jeff Green - Chairman, Chief Executive Officer and Founder Laura Schenkein - Chief Financial Officer Conference Call Participants Shyam Patil - SIG Youssef Squali - Truist Securities Justin Patterson - KeyBanc Capital Markets Vasily Karasyov - Cannonball Research Mark Mahaney - Evercore Shweta Khajuria - Wolfe Research Tim Nollen - Macquarie Brian Pitz - BMO Capital Markets Operator Greetings. Welcome to the Trade Desk Second Quarter 2024 Earnings Conference Call.
The Trade Desk (TTD) Q2 Earnings and Revenues Top Estimates
The Trade Desk (TTD) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.28 per share a year ago.
Trade Desk forecasts quarterly revenue above estimates on strong ad demand
The Trade Desk forecast third-quarter revenue above analysts' estimates on Thursday, signaling strong demand for automated ad-buying technologies from connected TV companies, sending the ad tech firm's shares up 5% in extended trading.
Trade Desk Rises As Internet TV Drives Earnings Beat
Digital advertising firm Trade Desk reported Q2 earnings and revenue that topped estimates as internet TV drove growth.
Trade Desk Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
The Trade Desk, Inc. TTD is expected to release earnings results for its second quarter, after the closing bell on Thursday, Aug. 8.
Could The Trade Desk Stock Help You Become a Millionaire?
The Trade Desk offers an alternative to the restrictive ad platforms from big tech. Multiple factors could drive years of strong growth.
The Trade Desk (TTD) Stock: Buy or Sell Before Q2 Earnings?
The Trade Desk's (TTD) long-term prospects are driven by strong demand for CTV, retail media, Kokai and UID2 solutions, as well as a solid partner base.
Is It Worth Investing in The Trade Desk (TTD) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The Trade Desk (TTD) Advances But Underperforms Market: Key Facts
In the most recent trading session, The Trade Desk (TTD) closed at $89.88, indicating a +0.04% shift from the previous trading day.
Is The Trade Desk Stock Going to $105? 1 Wall Street Analyst Thinks So
That prognosticator just raised his price target on the shares. He feels -- justifiably -- that they've been punished for a peer's discouraging news.
3 Reasons to Buy The Trade Desk Stock Like There's No Tomorrow
The Trade Desk continues to dominate the “open internet” for digital ads. It's expanding into the streaming video and retail media markets.
