The Trade Desk (TTD) Outpaces Stock Market Gains: What You Should Know
The Trade Desk closed at $248.16 in the latest trading session, marking a +1.68% move from the prior day. This move outpaced the S&P 500's daily gain of 0.02%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, added 0.17%.
Heading into today, shares of the digital-advertising platform operator had lost 1.15% over the past month, lagging the Computer and Technology sector's gain of 6.42% and the S&P 500's gain of 4.82% in that time.
Investors will be hoping for strength from TTD as it approaches its next earnings release. The company is expected to report EPS of $0.68, up 13.33% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $155.09 million, up 38.06% from the year-ago period.
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https://www.zacks.com/stock/news/442702/...-FT-442702
The Trade Desk closed at $248.16 in the latest trading session, marking a +1.68% move from the prior day. This move outpaced the S&P 500's daily gain of 0.02%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, added 0.17%.
Heading into today, shares of the digital-advertising platform operator had lost 1.15% over the past month, lagging the Computer and Technology sector's gain of 6.42% and the S&P 500's gain of 4.82% in that time.
Investors will be hoping for strength from TTD as it approaches its next earnings release. The company is expected to report EPS of $0.68, up 13.33% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $155.09 million, up 38.06% from the year-ago period.
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https://www.zacks.com/stock/news/442702/...-FT-442702