Trade Desk Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga • • business
Key Points:
- The Trade Desk, Inc. is set to release its first-quarter earnings after the market closes on Thursday, May 7, with analysts expecting earnings of 32 cents per share, slightly down from 33 cents a year ago.
- Revenue is projected to increase to approximately $678.68 million, up from $616.02 million reported in the same quarter last year.
- Recently, The Trade Desk launched a partnership with DramaBox to offer advertisers access to a vertical short drama platform, expanding its advertising capabilities.
- The company's shares declined 2.5% to close at $24.01 on the day prior to the earnings announcement.
- Analyst ratings and updates on The Trade Desk stock are available for Benzinga readers, providing insights into market expectations ahead of the earnings release.
