Pandora Media (P) Set to Announce Earnings on Wednesday
Pandora Media (NYSE:P) is scheduled to release its earnings data on Wednesday, February 5th. Individual interested in participating in the company’s earnings conference call can do so using this link.
Pandora Media (NYSE:P) last posted its quarterly earnings results on Thursday, November 21st. The company reported $0.06 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.06. The company had revenue of $181.60 million for the quarter, compared to the consensus estimate of $175.60 million. During the same quarter last year, the company posted $0.05 earnings per share. Pandora Media’s revenue was up 50.0% compared to the same quarter last year.
Shares of Pandora Media (NYSE:P) opened at 34.98 on Tuesday. Pandora Media has a one year low of $10.92 and a one year high of $37.95. The stock has a 50-day moving average of $31.51 and a 200-day moving average of $25.92. The company’s market cap is $6.795 billion.
A number of analysts have recently weighed in on P shares. Analysts at Needham & Company raised their price target on shares of Pandora Media to $41.00 in a research note to investors on Monday. On a related note, analysts at Cowen and Company raised their price target on shares of Pandora Media from $34.00 to $41.00 in a research note to investors on Monday. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Pandora Media from $35.00 to $44.00 in a research note to investors on Friday. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $28.22.
Pandora Media, Inc (NYSE:P), is an Internet radio in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.