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Benzinga
103 days

Top Wall Street Forecasters Revamp Trade Desk Expectations Ahead Of Q1 Earnings

1. TTD will report Q1 earnings after market close on May 8. 2. Analysts expect earnings of $0.25 per share, down from $0.26 last year. 3. Projected revenue is $575.28M, up from $491.25M year-over-year. 4. Analysts maintain mostly Buy ratings with revised price targets. 5. Recent share price increased by 1.5% to $56.46.

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FAQ

Why Bullish?

Despite a slight drop in earnings expectations, revenue is projected significantly higher. Positive analyst ratings with revised targets support potential growth.

How important is it?

The article discusses upcoming earnings and analyst sentiments, major factors that impact TTD's stock price.

Why Short Term?

Earnings will soon be released, affecting prices in the immediate future. Analyst expectations can influence investor sentiment rapidly.

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