The Trade Desk Stock Has a Lot to Prove on Thursday

The Trade Desk Stock Has a Lot to Prove on Thursday

One of the biggest stars of the IPO class of 2016 will be front and center this week when The Trade Desk (NASDAQ: TTD) delivers fresh financials. The programmatic advertising specialist will be reporting its third-quarter results shortly after Thursday's market close.

The Trade Desk's earlier guidance calls for $76 million in revenue for the quarter, 43% ahead of where it landed a year earlier. It sees adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $21 million, 27% higher than the $16.6 million it rang up in last year's third quarter. The Trade Desk doesn't offer up a net income target, but analysts see an adjusted profit of $0.27 a share. It delivered adjusted earnings of $0.24 a share a year earlier. 

Image source: The Trade Desk.   

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Source: Fool.com