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What To Expect From Pandora's Earnings Call

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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.

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.

Posted-In: EstimizePreviews Crowdsourcing Movers Tech Trading Ideas General

 

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