Pandora Reports Q3 2016 Financial Results
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Go back to Pandora Reports Q3 2016 Financial Results
October 26, 2016 7:17 AM EDT
Albert Fried & Company downgraded Pandora (NYSE: P) from Overweight to Underweight with a price target of $8 following the release of Q3 results and guidance. Analyst Rich Tullo thinks the company is no longer a target.
Tullo explained, "Given the negative guidance, negative FCF,... More
October 26, 2016 6:56 AM EDT
FBR Capital downgraded Pandora (NYSE: P) from Outperform to Market Perform with a price target of $12.00 amid the troubling combination of ad slowdown and guidance for higher spending.
Analyst Barton Crockett commented, "Ad growth was the main problem in 3Q16, slowing to 7% on only a 2% rise in RPM, versus 23% and... More
October 25, 2016 4:03 PM EDT
Pandora (NYSE: P) reported Q3 EPS of ($0.07), $0.01 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $351.9 million versus the consensus estimate of $366.33 million.
Listener Hours: Total listener hours grew 5% to 5.40 billion for the third quarter of 2016,...
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