-=The Trade Desk (TTD) reported earnings on Thur 9 May 2019 (b/o)

The Trade Desk beats by $0.25, beats on revs; guides Q2 revs in-line; raises FY19 revs and EBITDA guidance

• Reports Q1 (Mar) earnings of $0.49 per share, excluding non-recurring items, $0.25 better than the S&P Capital IQ Consensus of $0.24; revenues rose 41.2% year/year to $121 mln vs the $117.13 mln S&P Capital IQ Consensus.  EBITDA $24.7 mln vs. $18 mln guidance
• Total Mobile (in-app, video, and web) was 45% of gross spend for the quarter, highlighting the growing scale and importance of this channel to advertisers Mobile Video spend grew about 60% from Q12018 to Q12019 Mobile In-App spend grew about 60% from Q12018 to Q12019. Connected TV spend grew over 3x from Q12018 to Q12019 Audio spend grew over 270% from Q12018 to Q12019. 
• Co issues in-line guidance for Q2, sees Q2 revs of $154 mln vs. $153.21 mln S&P Capital IQ Consensus; EBITDA $46 mln
• Co issues guidance for FY19, raises FY19 revs to at least $645 mln from at least $637 mln vs. $645.13 mln S&P Capital IQ Consensus; EBITDA to $188.5 mln from $182 mln.
• "Over half of the companies in the S&P 500 have run campaigns on our platform... The secular tailwind of programmatic is strong. Our focus is on gaining share and revenue growth, as this will ultimately maximize profitability over the long-term."

Earnings this week : May 6 - 10, 19 (wk 19)

 

Monday (May 6)

• Premarket: AMG, BHC, CAMT, CEVA, DK, DSKE, KOS, NSSC, PETS, SPNS, SYY, TSN    

• After-Hours: AEIS, AIG, AIZ, ANDE, APU, AVID, AWR, BE, BHF, BKD, CBT, CDEV, CENT, COHU, CPE, DCO, DCP, EGOV, ENSG, EVBG, EVER, FBM, FMC, FN, FRAC, FRGI, FRPT, FRTA, GLPI, GLUU, HBM, HHC, HIIQ, HPR, HTZ, IAG, IFF, INVH, IPAR, ITRI, IVC, KLAC, KMT, KRC, KRG, LCI, LMNX, MASI, MOS, MTSC, MWA, NCMI, NGHC, NLS, OFIX, ORA, OTTR, OXY, PAHC, PLOW, PXD, QGEN, RARE, RBC, RCII, RE, RNG, RP, RTEC, SEDG, SHO, SKT, SNHY, STRL, SYKE, TACO, TCMD, TXMD, UGI, VECO, XENT

Tuesday (May 7)

• Premarket: ADNT, AES, AGN, AKRX, AMAG, ARMK, ARRY, ATH, ATKR, AVNS, BCC, BGCP, BLD, BR, BUD, CJ, CLVS, CNHI, CNK, CRL, CROX, CTLT, CWEN, DEA, DF, DNR, DPLO, DXPE, EGRX, EMR, ENR, EXPD, FI, GSKY, GTE, GTX, HAE, HSIC, ICL, IMOS, IPI, JEC, JELD, JLL, KEYW, KL, LCII, LGIH, LITE, LPX, MDCA, MFA, MLCO, MNK, MYL, NHI, NOVT, NWN, OCN, OMI, PINC, PNM, PRIM, REGN, RHP, SEAS, SERV, SND, SRE, TA, TDG, USAC, USFD, VAC, VCEL, VGR, VPG, WBT, WOW

• After hours: ACLS, ADT, APEI, ATO, ATSG, AVD, AVLR, BECN, BOLD, CERS, CGBD, CHUY, COLD, CRAY, CRZO, CSOD, CTRE, CWK, DDD, DIOD, DVA, EA, EDIT, ENTA, ESE, EVH, EVRI, FANG, FARM, FATE, FG, FLT, FTSI, GHDX, GTES, HALO, HCKT, HCLP, HUBS, ICHR, IMMR, INGN, INSP, IOSP, IRTC, JAZZ, JCOM, KAR, KGC, LADR, LC, LOPE, LTHM, LYFT, MMI, MODN, MTCH, MTSI, MYGN, NCR, NVTA, OAS, OHI, OPK, OSPN, PAA, PAGP, PBPB, PEGA, PEN, PLT, PLYA, POWL, PRI, PRMW, PUMP, PZZA, QRVO, QTWO, QUOT, RGR, RNR, RTRX, S, SEMG, SGMS, SUPN, SWX, TRIP, TWO, TWOU, VOYA, VREX, WING, WMC, WMGI, WTTR, WU, Y, ZAGG

Wednesday (May 8)

• Premarket: ACM, ANDX, ATHM, ATRO, BCOR, BG, BV, CBB, CBRE, CEIX, CFX, CHK, CHSP, CORE, COTY, FOLD, FTDR, FUN, GCP, GOLD, GOLF, GTN, GTT, HMC, HZNP, ICPT, LXP, MCHP, MCK, MIDD, MPC, MPLX, MRNA, MSG, MYE, NCS, NXST, NYT, ODP, PFGC, PLUG, PTLA, RDUS, SBGI, SGRY, SPB, STWD, SUM, TAST, TGI, TRI, VER, VG, WAAS, WEN, YRCW
• After hours: AAOI, AGS, AIMT, AKCA, ALB, ANGI, APLE, APYX, ARNA, ASRT, AXGN, BIO, BREW, CCMP, CECO, CNDT, COLL, CPA, CTL, CVNA, CW, CWH, CXW, DAR, DIS, DRH, DVAX, ECPG, EGAN, ELF, ENV, ETSY, EVRG, EZPW, FLNT, FNV, FOSL, FOXA, FTK, GBDC, GDOT, GKOS, GPRE, HLI, IAC, IMMU, INFN, INSG, IVR, KIDS, KINS, KRO, KTOS, LASR, LHCG, MATX, MBI, MRAM, MTRX, NKTR, NNI, NUAN, NVEE, OSUR, PAAS, PETQ, PK, PRGO, PRSC, PSDO, PSEC, QDEL, RDFN, RLJ, ROKU, RUN, RWT, RXN, RYAM, SAIL, SCOR, SGMO, SIEN, SJI, SLF, SMI, SRPT, STMP, SUN, SVMK, SWAV, SWCH, TCX, TLND, TPC, TPIC, TRHC, TTGT, TVTY, TWNK, UPWK, VERI, WIFI, WPM, WTRH, XEC, ZGNX

Thursday (May 9)

• Premarket: ACIW, AEE, AMC, AMRX, ANIP, BAM, BDX, BPMC, BPMP, CAH, CHH, CNNE, CNP, CNQ, COMM, CPG, CRCM, CVIA, DESP, DSX, DUK, EBIX, ECOM, ELAN, ENDP, EPAM, EPC, EYE, FOCS, GOGO, GTS, HAIN, HIMX, HL, HMHC, HSC, INAP, INXN, IONS, KDP, LAUR, LNG, MBUU, MCFT, MGA, MMS, NCLH, NMRK, NOMD, NS, OMER, OSTK, OXFD, PBH, PQG, PRTY, RCM, RDNT, REZI, RGEN, SNH, SQNS, SUP, SYNH, TEN, TGNA, TLRA, TPR, TTD, TTI, TU, TW, UNVR, USCR, VNTR, VRTV, VSH, VSTO, WRLD, WWW

• After hours: AAXN, AGO, AIRG, AL, ALRM, ALTR, AMBC, AMBR, AQ, AQN, ASYS, BKNG, CABO, CARG, CDLX, CISN, CTRL, CUTR, DBX, DHT, EFX, ELY, EQH, FLY, FSCT, GH, GPRO, GSBD, ICUI, JAG, MAIN, MAXR, MESA, MTD, MTW, NDLS, NNBR, NTR, NTRA, NVRO, NWSA, PBYI, PRAA, QNST, QRTEA, RBA, ROAD, SCSC, SENS, SNCR, SONO, SPPI, SPWR, SSRM, SSTI, SWIR, SYMC, SYNA, TGH, TIVO, TROX, TRUE, TRXC, UEPS, UNIT, VFF, VSLR, WPRT, XLRN, XON, YELP, ZAYO, ZG, ZVO

Friday (May 10)

• Premarket: AQUA, BPL, CLNY, ENB, ERF, HPT, JD, MAR, PEGI, PTE, SSP, TRCO, VIAB
• After hours: CBPO

Notable earnings reports: Tyson Foods (NYSE:TSN), Hertz Global (NYSE:HTZ) and Bausch Health (NYSE:BHC) on May 6; Electronic Arts (NASDAQ:EA), Lyft (NASDAQ:LYFT), Anheuser-Busch InBev (NYSE:BUD) and Wynn Resorts (NASDAQ:WYNN) on May 7; Disney (DIS), Roku (NASDAQ:ROKU), Etsy (NASDAQ:ETSY), Fox (NASDAQ:FOXA) and Madison Square Garden (NYSE:MSG) on May 8; GoPro (NASDAQ:GPRO), Booking Holdings (NASDAQ:BKNG), Keurig Dr Pepper (NYSE:KDP) and Trade Desk (NASDAQ:TTD) on May 9; Viacom (NASDAQ:VIAB), JD.com (NASDAQ:JD) and Linde (NYSE:LIN) on May 10.

=The Trade Desk (TTD) reported earnings on Thur 21 Feb 2019 (a/h)

The Trade Desk beats by $0.30, beats on revs; guides Q1 revs above consensus; guides FY19 revs above consensus

• Reports Q4 (Dec) adj. earnings of $1.09 per share, $0.30 better than the S&P Capital IQ Consensus of $0.79; revenues rose 56.4% year/year to $160.5 mln vs the $147.83 mln S&P Capital IQ Consensus. 2018 gross spend on the platform was over $2.35 billion, a 51% increase from a year ago. According to Magna Global, total real-time-bidding programmatic was estimated to increase 22% in 2018.
• Continued Omni-channel Growth: Omni-channel solutions remain a strategic focus for The Trade Desk as the industry continues shifting toward transparency and programmatic buying. Specific channel spend highlights include: Mobile (in-app, video and web) grew 69% from Q4 2017 to Q4 2018. Connected TV grew over 525% from Q4 2017 to Q4 2018. Connected TV grew over 9X from 2017 to 2018. Audio grew over 230% from 2017 to 2018. Mobile video grew over 130% from 2017 to 2018. Mobile in-app grew over 90% from 2017 to 2018.
• Co issues upside guidance for Q1, sees Q1 revs of $116 mln vs. $114.42 mln S&P Capital IQ Consensus; EBITDA $18.3 mln, below estimates.
• Co issues upside guidance for FY19, sees FY19 revs of at least $637 mln vs. $616.93 mln S&P Capital IQ Consensus; total Gross Spend of at least $3.2 billion; EBITDA $182 mln vs. ~190M ests.

=The Trade Desk (TTD) reported earnings on Thur 9 Aug 2018 (a/h)

The Trade Desk beats by $0.16, beats on revs; guides Q3 above consensus; raises FY18 above consensus 

• Reports Q2 (Jun) earnings of $0.60 per share, excluding non-recurring items, $0.16 better thanthe Capital IQ Consensus of $0.44; revenues rose 54.3% year/year to $112.3 mln vs the $103.87 mln Capital IQ Consensus. EBITDA +46% to $37M vs. $30M guidance 
  • Specific channel spend highlights include: Mobile (in-app, video and web) grew 89% from Q2 2017 to Q2 2018. Mobile increased to 45% of gross spend for the quarter, its highest percentage ever, highlighting the growing importance of this channel to advertisers. Connected TV more than doubled from Q1 2018 to Q2 2018. Audio grew 191% from Q2 2017 to Q2 2018. Mobile video grew 156% from Q2 2017 to Q2 2018. Mobile in-app grew 104% from Q2 2017 to Q2 2018.
• Co issues upside guidance for Q3, sees Q3 revs of $116 mln vs. $108.98 mln Capital IQ Consensus Estimate; EBITDA $33M.
• Co issues upside guidance for FY18, raises FY18 revs to at least $456 mln vs. $433.89 mln Capital IQ Consensus from at least $433M; EBITDA to $140M from $133M. 

=The Trade Desk (TTD) reported earnings on Thur 10 May 2018 (a/h)

The Trade Desk beats by $0.24, beats on revs; guides Q2 revs above consensus; raises FY18 revs above consensus 

• Reports Q1 (Mar) earnings of $0.34 per share, excluding non-recurring items, $0.24 better than the Capital IQ Consensus of $0.10; revenues rose 60.5% year/year to $85.7 mln vs the $73.25 mln Capital IQ Consensus; EIBTDA $18.9 mln vs. $7.5 mln guide
• Co issues upside guidancefor Q2, sees Q2 revs of $103 mln vs. $93.11 mln Capital IQ Consensus Estimate; EBITDA $30 mln vs. $26 mln est.
• Co issues upside guidancefor FY18, sees FY18 revs of $433 mln from $403 mln vs. $403.89 mln Capital IQ Consensus Estimate; EBITDA $133 mln from $118 mln

Earnings this week : May 7 - 11, 18 (wk 19)

81% of the S&P 500 has reported first quarter results. Q1 earnings are now expected to be up 24.3%. Earnings are expected to grow 18.8% in Q2 and 19.5% for the year. Next week is still quite busy on the earnings front as more small and mid caps report quarterly results.

Monday (May 7)

• Pre-Market: CTSH SYY SRE TSN WLTW LPX KOS VGR TSEM WBT GCI SSP GPRE PETS MYE SPNS NCMI TLRA TA
• After-Hours: NTR ANDV IAG IFF MOS ZG ANDX TRMB BKI AIV BHF OHI DCP EVHC DK APLE JCOM EQC SHO SWX OAS AMC  CBT RBC TREX ORA NVRO NGHC RARE SJI AMED AWR MYGN CENT HTZ PINC OTTR PAHC KAMN CRZO RMBS DPLO SNHY MWA LBRT BKD FN ATSG TRTX RWT SYKE EVBG GBDC RYAM PLOW LMNX ANDE MTSC CARB MTW VECO REN FRPT TCMD IVC LCI FRGI DHT EVRI NLS WMC WAAS STRL PI EGAN

Tuesday (May 8)

• Pre-Market: CRSP JD MCHP DISH DISCA MLM BR HSIC IT EXPD ATHM PRGO ARMK AES JEC JLL USFD VRX EGN ACM HAE VSM LOXO SUM JELD MFA HAIN NHI VG BLD VSH  ZBRA  AQUA TGNA NOVT ICPT GCP LXP NWN FI LGIH SGMO RGEN MNTA DNR ETM SEAS HUD STFC PRIM FSS ENDP BMCH WLH CROX MNK TGH GTN CWH DEA EPZM CORE ATKR DF ANIP DQ GTS COHU VRTV TTI SD DSKE CRCM MGI FRTA ONDK TAST VPG KEYW 

• After-Hours: DIS OXY MAR EA MNST PAA O CA FANG MTCH GDDY XEC JAZZ WR TRQ BIO KAR MIDD DEI WTR TRIP PEN TWLO NEWR WEN GWPH PAGP ETSY PLNT

Wednesday (May 9)

• Pre-Market: WB MYL AEE COTY STE SINA ADT EPAM JHG CNK HPT DLPH SYNH CNDT WIX CABO PFGC SBGI WRD GRPN HZNP MDP CARS PNK USAC
• After-Hours: FOXA DXC CTRP ETP CTL ETE FNV IAC ALB ANGI RNG ICUI CPA NUAN GDOT ROKU HLI FNGN DAR ENV PBYI SEDG BKNG   SEP FTI MELI ZTO ATUS IAC ALB OTEX BGNE ANGI RNG ICUI CPA NUAN DNB FGEN EEP SNH RLJ  PAAS HLI FNGN PTLA DAR WRD ENV  PSEC BLDR WMGI SAIL SUN TROX AYX FG INFN PRAA SYNA AG PTCT TWNK NP ZGNX BOLD EVH GKOS FSM SCOR TPC RUN PRSC ELF AMPH MBI COLL CVNA CHEF TCX UPLD NVGS NVAX TTGT NNBR MTRX SIEN MDCA BREW NVTA QHC FTK MRAM (finviz-change)

Thursday (May 10)

• Pre-Market: AZUL TU DUK BAM WP NICE ICL YY UBNT CRL SATS MIXT CHH MMS UNVR GDS DKS CLNS AMCX TRCO PQG BIG PEGI KLIC PBH HL BITA SPH AMRX UNVR  LHO  TRCO  NOMD ACIW BTG MDP BPMP PQG DDS DESP PEGI KLIC HL RDUS SPH TGI HIMX KELY.A WRLD OMI EGRX KND SNR DSX DEPO ECOM BIOS SND MGA TSG ENB   (finviz-change)
• After-Hours: NVDA SYMC NKTR WPM DOX NWSA FLS PPC PEGA AL HUBS YELP XON ANAB  HRTX TTD RDFN GLOB WTTR TIVO SSRM TLND  RBA UNIT JAG HALO XON CASA WTTR GLOB TIVO KLIC PSDO KTOS ARCB OMER FATE VRAY CSLT CIVI PFLT UEPS MCFT SENS SGYP DCO IMMR NDLS AMBR FNKO AVID ASYS

Friday (May 11)

• Pre-Market: TRI, WPRT, WOW

-=The Trade Desk (TTD) reported earnings on Thur 22 Feb 2018 (a/h)

The Trade Desk beats by $0.10, reports revs in-line; guides Q1 revs above consensus; guides FY18 revs above consensus 

• Reports Q4 (Dec) earnings of $0.54 per share, $0.10 better thanthe Capital IQ Consensus of $0.44; revenues rose 41.7% year/year to $102.6 mln vs the $101.71 mln Capital IQ Consensus.
• Co issues upside guidance for Q1, sees Q1 revs of $73.00 mln vs. $64.39 mln Capital IQ Consensus Estimate.
  • Adjusted EBITDA of $7.5 million.
• Co issues upside guidance for FY18, sees FY18 revs of at least $403 mln vs. $394.47 mln Capital IQ Consensus Estimate.
  • Adjusted EBITDA of $117 million or about 29% of revenue.
• "The fourth quarter was outstanding for the Trade Desk and a capstone to a terrific 2017. For the year, we surpassed $1.55 billion in gross spend on our platform, grew revenue 52% to more than $308 million and generated over $95 million of adjusted EBITDA," said Founder and CEO of The Trade Desk, Jeff Green. "Our mission has always been to change the way advertising is bought on our software platform and 2017 marked a year of great strides toward that goal. Exiting the year, we had more of the largest brands in the world spending on our platform than ever before as they recognize we are the only purely independent platform buying media at scale, objectively, across digital channels and devices. We also invested more into technology and product development than we ever have before to help drive our next stage of growth in the coming years. We expect 2018 to be another record year for the company as we continue to see great momentum in the adoption of programmatic advertising on our platform worldwide."

=The Trade Desk Inc. (TTD) reported earnings on Thu 9 Nov 2017 (a/h)

Trade Desk enables agencies and other ad buyers to purchase online advertising through its self-service platform. Trade Desk competes with Google parent Alphabet (GOOGL), as well as smaller companies such as AppNexus.

• The company has touted China as a growth market.
• Bullish Mark Mahaney, an analyst at RBC Capital, raised his price target to 67 from 65.
• Brent Thill, analyst at Jefferies, raised his price target to 63 from 60.

VENTURA, Calif. (AP) _ The Trade Desk Inc. (TTD) on Thursday reported third-quarter profit of $10.2 million.

On a per-share basis, the Ventura, California-based company said it had profit of 23 cents. Earnings, adjusted for stock option expense, were 35 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The digital-advertising platform operator posted revenue of $79.4 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $77 million.

For the current quarter ending in December, The Trade Desk said it expects revenue in the range of $101 million.

The company expects full-year revenue of $306 million.

The Trade Desk shares have more than doubled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $59.28, more than doubling in the last 12 months.

=The Trade Desk (TTD) reported earnings on Thur 11 May 2017 (a/h)

The Trade Desk beats by $0.18, beats on revs; guides Q2 revs above consensus; raises FY17 above consensus:

• Reports Q1 (Mar) earnings of $0.18 per share, excluding non-recurring items, $0.18 better than the Capital IQ Consensus of ($0.00); revenues rose 75.7% year/year to $53.4 mln vs the $43.3 mln Capital IQ Consensus; EBITDA $6.3 mln vs. ($2)-2 mln guidance.
  • Mobile (In-App, Video and Web) increased to over a third of gross spend for the quarter highlighting the growing importance of this channel to advertisers.
  • Native spend was very strong in Q1 surpassing all Native spend in 2016. Native was launched in Q2 2016.
  • Mobile In-App grew nearly 150% from Q1 2016 to Q1 2017.
  • Mobile Video grew over 200% from Q1 2016 to Q1 2017. - Connected TV grew nearly 200% from Q1 2016 to Q1 2017. 
• Co issues upside guidance for Q2, sees Q2 revs of $67 mln vs. $60.67 mln Capital IQ Consensus Estimate; EBITDA $14.5 mln.
• Co issues upside guidance for FY17, raises FY17 revs to at least $291 mln from $270 mln vs. $270.64 mln Capital IQ Consensus; raises EBITDA to $78 mln from $72 mln
• "During the quarter, we had incredibly strong customer wins, international growth was exceptional, mobile, which includes In-App, video and web, continued to lead our channel growth and we opened new offices in Paris and Madrid."

=The Trade Desk (TTD) reported earnings on Thur 16 Feb 2017 (a/h)

The Trade Desk beats by $0.10, beats on revs; guides Q1 revs above consensus; guides FY17 revs above consensus :

• Reports Q4 (Dec) earnings of $0.33 per share, excluding non-recurring items, $0.10 better than the Capital IQ Consensus of $0.23; revenues rose 69.6% year/year to $72.4 mln vs the $62.11 mln Capital IQ Consensus.
  • Native spend grew over 700% from Q32016 to Q42016; Mobile In-App grew over 400% from Q42015 to Q42016; Mobile video grew nearly 300% from 2015 to 2016; Connected TV grew over 100% from Q32016 to Q42016.
  • The Trade Desk ended 2016 with 566 active customers and customer retention remained over 95% during the quarter, as it has for the previous 12 quarters.
• Co issues upside guidance for Q1, sees Q1 revs of $43 mln vs. $39.45 mln Capital IQ Consensus Estimate; EBITDA breakeven +/- $2 mln
• Co issues upside guidance for FY17, sees FY17 revs of $270 mln vs. $248.11 mln Capital IQ Consensus; EBITDA $72 mln
• "Our mission has always been to change the way all of advertising is bought. Today advertisers are wasting billions of dollars overloading consumers with uncoordinated or irrelevant messaging because media buying is done through multiple uncoordinated specialty targeting shops or with media companies directly. We are the only purely independent demand side platform buying media at scale, objectively, across all digital channels and devices. We are still early in our growth trajectory and we expect 2017 to be another record year for the company as we continue to see great momentum from our customers in the adoption of programmatic advertising on our platform and our global offerings."

TTD — is it a buy?

• Nov.11 : Right after earnings. Is TTD a buy?

• One week later:

• 10 days later:

The Trade Desk (TTD) reported earnings on Thur 10 Nov 2016 (a/h)

** charts before earnings **

  

** charts after earnings **

  

The Trade Desk beats by $0.03, beats on revs; guides Q4 revs in-line :

• Reports Q3 (Sep) earnings of $0.24 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of $0.21; revenues rose 84.0% year/year to $53 mln vs the $49.07 mln Capital IQ Consensus.
• Co issues in-line guidance for Q4, sees Q4 revs of $62 mln vs. $61.75 mln Capital IQ Consensus; EBITDA margin 30% vs. 31.3% in Q3. 
• "Media buyers find enormous value in the ability to look at millions of ad opportunities every second across devices and formats, using data to make the best decisions in real-time. We are excited to share today that we exceeded our own expectations for the third quarter. Because of our significant growth in international expansion, mobile, video, and television, we have significantly outgrown the industry and are massively outpacing the growth of the overall market."

TTD — is it a buy?

• Oct. 12:  Is TTD a buy?

  

• A month later: