The Trade Desk, Inc. (NASDAQ:TTD ) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Chris Toth - IR Jeff Green - Co-Founder and CEO Laura Schenkein - CFO Conference Call Participants Shyam Patil - Susquehanna Vasily Karasyov - Cannonball Research Justin Patterson - KeyBanc Youssef Squali - Truist Securities Jason Helfstein - Oppenheimer Jessica Reif Ehrlich - Bank of America Mark Mahaney - Evercore Operator Greetings. Welcome to The Trade Desk Fourth Quarter and Full Year 2024 Earnings Conference Call.
The Trade Desk (TTD) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.41 per share a year ago.
The Trade Desk exceeded earnings expectations, but revenue fell short of estimates due to challenges in the advertising sector.
Wall Street expectations and Trade Desk's own outlook had called for better quarterly sales for the ad-tech company. Both were wrong.
Trade Desk forecast its first-quarter revenue below analysts' estimate on Wednesday, signaling softer demand for its digital advertising services in the connected TV market, sending its shares down more than 20% in extended trading.
The Trade Desk, Inc. TTD will release its fourth-quarter financial results after the closing bell on Wednesday, Feb. 12.
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's fourth-quarter 2024 performance is likely to have benefited from the growing CTV momentum and expanding partner base amid stiff competition.
Zacks.com users have recently been watching The Trade Desk (TTD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Our top five holdings demonstrate the importance of focusing on long-term fundamentals over short-term market volatility, with Meta, Spotify, The Trade Desk, Shopify, and Topicus delivering strong IRRs. Meta Platforms shows a 22% IRR, driven by growth in earnings and free cash flow, with promising future growth initiatives in AI, Reels, business messaging, and the metaverse. The Trade Desk, our most successful investment, achieved a 54% IRR due to opportunistic entry during the pandemic, emphasizing the importance of entry points in investment returns.
The Trade Desk (TTD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
TTD is benefiting from an innovative portfolio and a rich partner base. However, a stretched valuation and fierce competition pose concerns.