The Trade Desk (TTD) craters on weak guidance; analysts say buy after 'dust settles'

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Trade Desk shares plummet on dour Q4 revenue forecast

November 9, 2023 4:15 PM EST

(Reuters) -Trade Desk forecast fourth-quarter revenue below market expectations on Thursday, in a sign that an uncertain economy could weigh on demand for its digital advertising solutions, sending its shares down about 30% in extended trading.

The downbeat forecast is in contrast with ad industry majors such as Meta... More

The Trade Desk Inc. (TTD) Tops Q3 EPS by 4c, Offers Guidance

November 9, 2023 4:02 PM EST

The Trade Desk Inc. (NASDAQ: TTD) reported Q3 EPS of $0.33, $0.04 better than the analyst estimate of $0.29. Revenue for the quarter came in at $493 million versus the consensus estimate of $486.9 million.

GUIDANCE:

The Trade Desk Inc. sees Q4 2023 revenue of at least... More

The Trade Desk Inc. (TTD) option IV elevated into quarter results and outlook

November 9, 2023 1:49 PM EST

The Trade Desk Inc. (NASDAQ: TTD) November weekly call option implied volatility is at 267, November is at 110; compared to its 52-week range of 35 to 79 into the expected release of quarter results today after the bell.

... More