Trade Desk Analysts Lower Their Forecasts Following Q4 Results

Trade Desk Inc. (NASDAQ:TTD) posted better-than-expected fourth-quarter earnings but issued disappointing first-quarter guidance on Wednesday.The Trade Desk reported quarterly earnings of 59 cents per share, which beat the consensus estimate of 58 cents, according to data from Benzinga Pro. Quarterly sales of $846.79 million beat the Street estimate of $840.46 million and were up from $741.01 million in the same period last year.The company said it expects first-quarter revenue expected to be more than $678 ...