P - Pandora Media, Inc.

Pandora Media, Inc.
Services | Broadcasting - Radio | USA​

Pandora Media, Inc. provides Internet music platform services in North America. The company allows its listeners to create personalized stations to access music and comedy catalogs, as well as personalized playlist generating system; and offers Pandora Plus and Pandora Premium, a paid subscription service to listeners. Pandora Media, Inc. also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. In addition, the company offers ticketing and marketing software and services for venues and event promoters to promote their events, as well as allow fans to find and purchase tickets for events. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

 

Pandora Media Inc. (P) is confirmed to report earnings at approximately 4:55 PM ET on Monday, July 31, 2017. The consensus estimate is for a loss of $0.24 per share on revenue of $364.86 million and the Earnings Whisper ® number is ($0.22) per share. Investor sentiment going into the company's earnings release has 46% expecting an earnings beat The company's guidance was for revenue of $360.00 million to $375.00 million. Consensus estimates are for earnings to decline year-over-year by 100.00% with revenue increasing by 6.37%. Short interest has increased by 37.8% since the company's last earnings release while the stock has drifted lower by 11.5% from its open following the earnings release to be 16.3% below its 200 day moving average of $11.32. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, July 14, 2017 there was some notable buying of 5,049 contracts of the $12.00 put expiring on Friday, September 15, 2017. The stock has averaged a 4.9% move on earnings in recent quarters.