Will ad-tech favored company, Trade Desk Q2 revenue come in-line with company estimates?
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The Trade Desk (NASDAQ:TTD) is scheduled to announce Q2 earnings results on Tuesday, August 9th, after market close.
The consensus EPS Estimate is $0.20 (+11.1% Y/Y) and the consensus Revenue Estimate is $365.2M (+30.4% Y/Y) led by momentum in programmatic ad buying, robust connected-TV spending.

In its Q1 earnings, the company said it expects revenue to be at least $364Mâ; adj. EBITDA stood at ~$121M; In last week July, the companyâs data chief exited the company.

Since the company reported its Q1 earnings in May, the company gained 27.1%.
Over the last 2 years, TTD has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time.
Over the last 3 months, EPS estimates have seen 6 upward revisions and 4 downward. Revenue estimates have seen 4 upward revisions and 10 downward.
Recently, KeyBanc disclosed its list of favoured ad-tech companies with exposures to connected TV (a secular growth channel) and the United States (from a foreign-exchange and relative economic strength view) thereby taking the rating firm to maintain The Trade Desk as best positioned among the group's names.
In the past 1-month trading, the company gained 26%; Of the 19 Wall Street Analysts covering the stock, 13 rate it Strong Buy while 4 rate it Hold.
On an average, SA Author Rating have a Buy rating with 6 assigning it a Buy and 3 rating it Hold.
With a Buy rating, SA Contributor JR Research recently wrote, âThe Trade Desk: Don't Fear - Buy Its Long-Term Bottomâ while with a Hold rating SA Contributor Superstocks Seekers recently wrote, âThe Trade Desk: A Deep-Dive Into The Largest Demand-Side Platformâ