Trade Desk (NASDAQ:TTD) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Gartner, Eli Lilly, And The Trade Desk Are Among Top 10 Large Cap Losers Last Week (August 4-August 8): Are The Others In Your Portfolio? - Figma (NYSE:FIG), Fortinet (NASDAQ:FTNT)

Large-cap laggards slid on weak results/guidance, cuts and capital moves—led by The Trade Desk, Fortinet, Super Micro, Gartner and Eli Lilly.

Trade Desk (NASDAQ:TTD) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Trade Desk (NASDAQ:TTD - Get Free Report) issued its quarterly earnings data on Thursday. The technology company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.01). Trade Desk had a return on equity of 15.10% and a net margin of 15.57%. The firm had revenue of $694.04 million during the quarter, compared to analysts' expectations of $686.00 million. During the same period in the pre…

Trade Desk (NASDAQ:TTD) Stock Price Down 38.8% After Earnings Miss

The Trade Desk (NASDAQ:TTD – Get Free Report)’s stock price traded down 38.8% on Friday following a weaker than expected earnings announcement. The company traded as low as $53.82 and last traded at $54.09. 47,267,839 shares were traded during trading, an increase of 355% from the average session volume of 10,382,350 shares. The stock had previously closed at $88.33. The technology company reported $0.41 EPS for the quarter, missing analysts’ co…

Trade Desk tanks on CFO departure, Q2 results and Amazon competition

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