Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of Pandora Media Inc (NYSE: P) were trading up more than 9 percent on Thursday afternoon, ahead of the announcement of the company’s fourth quarter fiscal 2015 financial results. The New York Times reported earlier that Pandora may be interested in selling itself.
The Internet radio provider is expected to deliver a year-over-year decline in earnings of at least 55.5 percent, according to Estimize data, even though revenue is projected to surge 24 percent.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Related Link: Expert: Pandora Suitors Could Include Netflix, Facebook, Google, Amazon And Others
For the fourth quarter of fiscal 2015, the Street is modeling consensus earnings of $0.07 per share on revenue of $333.42 million, which compare to the EPS of $0.18 and sales of $268 million seen a year ago. The crowd, for its part, envisions EPS of $0.08 on revenue of $332.55 million.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.