The Trade Desk (TTD - Free Report) is slated to release fourth-quarter 2021 results on Feb 16.
For the fourth quarter, The Trade Desk expects revenues of at least $388 million, suggesting year-over-year growth of 21%. The company anticipates a surge of 33% in its revenues when excluding the United States’ political election-related spending in the year-ago quarter.
The Zacks Consensus Estimate for the top line is currently pegged at $389.7 million, indicating an improvement of 21.8% from the year-ago reported figure.
The consensus mark for earnings has been unchanged at 29 cents per share over the past 90 days, suggesting a decline of 21.6% from the figure reported in the year-ago quarter.
The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average earnings surprise being 54.5%.
Factors to Note
The Trade Desk’s fourth-quarter top line might have benefited from momentum in programmatic ad buying. The emergence of digital content bolstered the usage of the company’s inventory across all forms of Connected-TV (“CTV”). Strong CTV spending is expected to have continued in the to-be-reported quarter.
Consistent customer retention might have driven the company’s revenues during the quarter to be reported. The Trade Desk’s customer-retention rate has remained more than 95%, as it has for the previous seven years.
Continuous industry-wide collaboration and support for Unified ID 2.0 are likely to have favored The Trade Desk’s fourth-quarter performance.
However, the company estimates stock-based compensation to reach higher than the normal rate in the fourth quarter, consequently might have dented its profitability. The increase can be attributed to approximately $95 million of incremental stock-based compensation expenses related to a long-term CEO performance award.
Additionally, accelerated spending may have weighed on the bottom line in the to-be-reported quarter.
What Our Model Says
Our proven model predicts an earnings beat for The Trade Desk this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That’s the case here.
The Trade Desk currently has Zacks Rank #3 and an Earnings ESP of +6.90%. You can uncover the best stocks to buy or sell, before they’re reported, with our Earnings ESP Filter.
Stocks With Favorable Combinations
Per our model, Cushman & Wakefield (CWK - Free Report) , Tempur Sealy International (TPX - Free Report) and Jones Lang LaSalle (JLL - Free Report) have the right combination of elements to post an earnings beat in their upcoming releases.
Cushman & Wakefield has a Zacks Rank #1 and an Earnings ESP of +6.45%. The company is scheduled to report fourth-quarter 2021 results on Feb 24. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 110.3%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for the fourth-quarter earnings of Cushman & Wakefield is pegged at 62 cents per share, suggesting year-over-year growth of 44.2%. The consensus mark for revenues stands at $2.66 billion, indicating a decline of 17.1% year over year.
Tempur Sealy International is slated to report fourth-quarter 2021 results on Feb 22. The stock has a Zacks Rank #2 and an Earnings ESP of +1.82%. Its earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 22.4%.
The Zacks Consensus Estimate for Tempur Sealy International’s quarterly earnings stands at 96 cents per share, suggesting a year-over-year improvement of 43.3%. Its quarterly revenues are estimated to increase 37.8% year over year to $1.46 billion.
Jones Lang LaSalle has a Zacks Rank #2 and an Earnings ESP of +9.23%. The company is scheduled to report fourth-quarter 2021 results on Feb 28. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 128.7%.
The Zacks Consensus Estimate for Jones Lang LaSalle s’ fourth-quarter earnings is pegged at $6.68 per share, suggesting year-over-year growth of 26.3%. The consensus mark for revenues stands at $5.51 billion, indicating a year-over-year improvement of 13.7%.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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The Trade Desk (TTD - Free Report) is slated to release fourth-quarter 2021 results on Feb 16.
For the fourth quarter, The Trade Desk expects revenues of at least $388 million, suggesting year-over-year growth of 21%. The company anticipates a surge of 33% in its revenues when excluding the United States’ political election-related spending in the year-ago quarter.
The Zacks Consensus Estimate for the top line is currently pegged at $389.7 million, indicating an improvement of 21.8% from the year-ago reported figure.
The consensus mark for earnings has been unchanged at 29 cents per share over the past 90 days, suggesting a decline of 21.6% from the figure reported in the year-ago quarter.
The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average earnings surprise being 54.5%.
Factors to Note
The Trade Desk’s fourth-quarter top line might have benefited from momentum in programmatic ad buying. The emergence of digital content bolstered the usage of the company’s inventory across all forms of Connected-TV (“CTV”). Strong CTV spending is expected to have continued in the to-be-reported quarter.
Consistent customer retention might have driven the company’s revenues during the quarter to be reported. The Trade Desk’s customer-retention rate has remained more than 95%, as it has for the previous seven years.
Continuous industry-wide collaboration and support for Unified ID 2.0 are likely to have favored The Trade Desk’s fourth-quarter performance.
However, the company estimates stock-based compensation to reach higher than the normal rate in the fourth quarter, consequently might have dented its profitability. The increase can be attributed to approximately $95 million of incremental stock-based compensation expenses related to a long-term CEO performance award.
Additionally, accelerated spending may have weighed on the bottom line in the to-be-reported quarter.
What Our Model Says
Our proven model predicts an earnings beat for The Trade Desk this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That’s the case here.
The Trade Desk currently has Zacks Rank #3 and an Earnings ESP of +6.90%. You can uncover the best stocks to buy or sell, before they’re reported, with our Earnings ESP Filter.
Stocks With Favorable Combinations
Per our model, Cushman & Wakefield (CWK - Free Report) , Tempur Sealy International (TPX - Free Report) and Jones Lang LaSalle (JLL - Free Report) have the right combination of elements to post an earnings beat in their upcoming releases.
Cushman & Wakefield has a Zacks Rank #1 and an Earnings ESP of +6.45%. The company is scheduled to report fourth-quarter 2021 results on Feb 24. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 110.3%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for the fourth-quarter earnings of Cushman & Wakefield is pegged at 62 cents per share, suggesting year-over-year growth of 44.2%. The consensus mark for revenues stands at $2.66 billion, indicating a decline of 17.1% year over year.
Tempur Sealy International is slated to report fourth-quarter 2021 results on Feb 22. The stock has a Zacks Rank #2 and an Earnings ESP of +1.82%. Its earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 22.4%.
The Zacks Consensus Estimate for Tempur Sealy International’s quarterly earnings stands at 96 cents per share, suggesting a year-over-year improvement of 43.3%. Its quarterly revenues are estimated to increase 37.8% year over year to $1.46 billion.
Jones Lang LaSalle has a Zacks Rank #2 and an Earnings ESP of +9.23%. The company is scheduled to report fourth-quarter 2021 results on Feb 28. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 128.7%.
The Zacks Consensus Estimate for Jones Lang LaSalle s’ fourth-quarter earnings is pegged at $6.68 per share, suggesting year-over-year growth of 26.3%. The consensus mark for revenues stands at $5.51 billion, indicating a year-over-year improvement of 13.7%.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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