TTD Earnings Prediction
The chart below shows how TTD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TTD sees a +0.45% change in stock price 10 days leading up to the earnings, and a +4.74% change 10 days following the report. On the earnings day itself, the stock moves by +1.66%. This data can give you a slight idea of what to expect for the next quarter's release.
TTD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
628.02M
27.32%
7.44%
Gross Margin
80.47%
-0.74%
-0.78%
Operating Margin
17.27%
126.05%
6.60%
Net Margin
14.99%
87.84%
3.02%
EPS
0.19
137.50%
11.76%
No Data Available
TTD Earnings Analysis
The Trade Desk, Inc. Corporation (TTD.O) Earnings Conference Call
Positive
Strong Revenue Growth: Revenue grew 27% year-over-year in Q3, reaching $628 million, indicating strong growth acceleration from the previous quarter.
Market Share Expansion: The company continues to gain market share, outpacing both industry and peers, particularly in the fast-growing CTV segment.
JBP Project Opportunities: Over 40% of the business this year will fall under JBP projects, representing significant future spending opportunities.
Strong Profitability Metrics: The company generated approximately $257 million in adjusted EBITDA, or about 41% of revenue, showcasing strong profitability and cash flow.
Strong Free Cash Flow: Free cash flow for Q3 was $222 million, reflecting robust operational performance and liquidity position.
Negative
CTV Market Leadership: 2024 has been a banner year for CTV, and we have further cemented our position as the first choice platform to help leading brands as they continue to shift their budgets from linear TV and UGC into CTV.
Operating Expenses Increase: Excluding stock-based compensation, operating expenses in Q3 were $391 million, up 24% year-over-year.
Adjusted Net Income: Adjusted net income was $207 million or $0.41 per fully diluted share.
Operating Cash Flow Summary: Net cash provided by operating activities was $273 million for Q3 and free cash flow was $222 million.
Strong Cash Position: We exited the third quarter with a strong cash and liquidity position.
TTD FAQs
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TTD Earning Call Sentiment
The Trade Desk, Inc. (TTD) Q3 2024 Earnings Call Transcript
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00:00
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TTD.O
-0.7%Positive
The earnings call reflects strong financial performance with 27% revenue growth and a robust cash position. The share repurchase program is a positive signal for shareholder returns. The Q&A highlights strategic growth areas, such as CTV and partnerships, with management addressing market challenges confidently. Despite some macro uncertainties, the company is well-positioned with opportunities in CTV and audio. The overall sentiment is positive, given the optimistic guidance and strong fundamentals, suggesting a likely positive stock price movement in the short term.