GoDaddy (GDDY) Q4 Earnings Miss Estimates

Group 1: Earnings Performance - GoDaddy reported quarterly earnings of $1.42 per share, missing the Zacks Consensus Estimate of $1.46 per share, but showing an increase from $1.08 per share a year ago, representing an earnings surprise of -2.74% [1] - The company posted revenues of $1.19 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.38%, compared to year-ago revenues of $1.1 billion [2] - Over the last four quarters, GoDaddy has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - GoDaddy shares have increased approximately 5.2% since the beginning of the year, outperforming the S&P 500's gain of 2.9% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $1.51 on $1.19 billion in revenues, and for the current fiscal year, it is $6.69 on $4.89 billion in revenues [7] Group 3: Industry Context - The Internet - Delivery Services industry, to which GoDaddy belongs, is currently in the top 35% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact GoDaddy's stock performance [5] - The Zacks Rank for GoDaddy is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]