@LikeFolio's Megan Brantley calls The Trade Desk's (TTD) latest earnings and following sell-off "shocking." Despite the company's execution miss, Megan holds her bull thesis on the company.
Shares of The Trade Desk, Inc. TTD are quiet Friday. This follows yesterday's selloff of more than 30%.
The Trade Desk's execution missteps have already triggered the FQ4'24 top-line miss against its own guidance and consensus estimates. Combined with the underwhelming FQ1'25 guidance, it is unsurprising that the stock has already been punished as it has. Even then, we believe that TTD's late Kokai transition remains a boon, thanks to the improved Return-On-Ad-Spend, higher conversion rates, and lower cost per acquisition.
The Trade Desk's high valuation continues to create disappointment, despite the company's fundamentals remaining reasonably strong. The fourth quarter miss was attributed to execution issues, but it is not really clear what this means. While The Trade Desk has a strong business, it is maturing, meaning growth is likely to continue decelerating.
Trade Desk Inc (NASDAQ:TTD) shares plummeted more than 30% after the digital marketing technology firm posted disappointing fourth quarter earnings and first quarter guidance below expectations. Revenue of $741 million was short of the $759 million expected while earnings per share of $0.59 was ahead of estimate of $0.57.
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to explain why he's selling Trade Desk. The stock is getting crushed today after missing earnings.
The Trade Desk, Inc.'s stock plummeted over 30% as Q4 results and forward outlook disappointed. With a PEG ratio of above 2.5, the high expectations heading into its earnings scorecard took a significant toll. Several challenges underline the market's pessimism, representing the worst selloff in recent times.
Shares of advertising-technology (adtech) company The Trade Desk (TTD -31.42%) got smashed on Thursday after the company reported financial results for the fourth quarter of 2024. As of 10 a.m.
Trade Desk (NASDAQ: TTD)—a digital ad technology company that assists businesses in purchasing digital ads across various publishers—recently reported its Q4 earnings. The company posted earnings of $0.59 per share on revenue of $741 million, falling short of analyst expectations of $0.57 per share and $760 million in revenue.
The Trade Desk, Inc. TTD reported worse-than-expected quarterly revenue results on Wednesday.
The stock market continues to go through the earnings call season, and this morning it looks like at least one is going to pay the price.
The advertising-technology company reports quarterly earnings above estimates but sales that are lower than consensus.