The Trade Desk Shares Fall 2.1% to $25.26 Ahead of February 25 Earnings
The Trade Desk closed at $25.26, down 2.13% after a 27.26% decline outpacing the Computer and Technology sector’s 4.05% drop. Its February 25 earnings release forecasts flat EPS of $0.59 and $841.87 million in revenue, up 13.6% year-over-year.
1. Recent Share Performance
The Trade Desk shares closed at $25.26, marking a 2.13% decline on the day and extending a recent 27.26% loss that has outpaced the Computer and Technology sector’s 4.05% drop and the S&P 500’s 1.43% retreat.
2. Earnings Projections
The company is set to report earnings on February 25 with analysts projecting flat EPS of $0.59, matching last year’s quarter, and revenue of $841.87 million, reflecting 13.61% year-over-year growth.
3. Valuation Metrics
Valuation sits at a forward P/E of 12.31 versus the industry average of 15.28 and a PEG ratio of 0.6 compared with the Internet Services average of 1.79, suggesting shares trade at a relative discount.