The Trade Desk Q1 2023 earnings on deck, what to expect
The Trade Desk (NASDAQ:TTD) is scheduled to announce Q1 earnings results on Wednesday, May 10th, after market close.
The consensus EPS estimate is $0.12 and the consensus revenue estimate is $364.33M.
Over the last 2 years, TTD has beaten EPS estimates 100% of the time and has beaten revenue estimates 88% of the time.

Over the last 3 months, EPS estimates have seen 5 upward revisions and 3 downward. Revenue estimates have seen 8 upward revisions and 6 downward.
The company on Feb. 15 reported Q4 Non-GAAP EPS of $0.38, beating estimates by $0.02. Revenue of $490.74M was +24.0% Y/Y but missed consensus by $1.07M.
TTD has a Quant rating of "Hold", with a 3.29 rating score.
TTD has an industry ranking of 12 out of 36 among advertising stocks, as per SA's Quant ranking.
Wall Street analysts and Seeking Alpha authors rate the TTD stock "Buy".
Recent Analysis: The Trade Desk: A Promising Stock With A 'Hold' Rating by Renato Neves.

The Trade Desk Q1 Preview: Even With An EPS Beat, It's Still Too Expensive by Michael Wiggins De Oliveira, leader of the "Deep Value Returns" Investing Group on Seeking Alpha.

Trade Desk Q1 2023 Earnings Preview: What To Watch For by From Growth to Value, leader of the "Potential Multibaggers" Investing Group on Seeking Alpha.

Rowan Street - Trade Desk: $2B Revenue Forecast, But Still Very Early Growth Cycle by Rowan Street Capital.
Recent News: The Trade Desk slumps as Benchmark downgrades, citing several factors.

BTIG starts The Trade Desk at Neutral, but with upbeat outlook.

Guggenheim updates Meta, Snap, Trade Desk on greater ad stability.
TTD stock fell 51.1% in 2022, while the benchmark S&P 500 index slipped nearly 20% for the year.
Stock is up 46.9% so far this year as of Monday's close.