Pandora Media, Inc. (NYSE:P) will release its earnings data after the market closes on Wednesday, July 19th. Analysts expect Pandora Media to post earnings of ($0.24) per share for the quarter.

Pandora Media (NYSE:P) last issued its earnings results on Monday, May 8th. The Internet radio service reported ($0.37) EPS for the quarter, topping the consensus estimate of ($0.50) by $0.13. Pandora Media had a negative net margin of 25.66% and a negative return on equity of 45.15%. The company had revenue of $316 million for the quarter, compared to the consensus estimate of $318.15 million. During the same period in the previous year, the firm earned ($0.20) earnings per share. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, analysts expect Pandora Media to post $-0.50 EPS for the current fiscal year and $-0.19 EPS for the next fiscal year.

Pandora Media, Inc. (NYSE:P) opened at 9.24 on Monday. The company has a 50 day moving average of $8.63 and a 200 day moving average of $11.31. Pandora Media, Inc. has a 52 week low of $6.76 and a 52 week high of $14.98. The stock’s market capitalization is $2.22 billion.

A number of brokerages recently issued reports on P. Piper Jaffray Companies restated an “overweight” rating and issued a $18.00 price target on shares of Pandora Media in a research report on Wednesday, March 22nd. Canaccord Genuity restated a “buy” rating and issued a $18.00 price target on shares of Pandora Media in a research report on Thursday, March 30th. BMO Capital Markets restated a “hold” rating and issued a $13.00 price target on shares of Pandora Media in a research report on Monday, April 17th. Stifel Nicolaus restated a “buy” rating and issued a $15.00 price target on shares of Pandora Media in a research report on Wednesday, April 19th. Finally, B. Riley restated a “buy” rating and issued a $15.00 price target on shares of Pandora Media in a research report on Tuesday, May 9th. Two analysts have rated the stock with a sell rating, twenty have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $13.03.

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In related news, insider Christopher Douglas Martin sold 3,000 shares of Pandora Media stock in a transaction dated Tuesday, May 30th. The stock was sold at an average price of $9.18, for a total transaction of $27,540.00. Following the completion of the sale, the insider now owns 257,921 shares of the company’s stock, valued at $2,367,714.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, President Michael S. Herring sold 11,730 shares of Pandora Media stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $9.38, for a total value of $110,027.40. Following the sale, the president now directly owns 548,230 shares of the company’s stock, valued at approximately $5,142,397.40. The disclosure for this sale can be found here. Insiders have sold 43,642 shares of company stock valued at $411,284 in the last ninety days. Corporate insiders own 2.59% of the company’s stock.

Pandora Media Company Profile

Pandora Media, Inc (Pandora) is a music discovery platform, offering a personalized experience for each of its listeners wherever and whenever they want to listen to music, whether through earbuds, car speakers or live on stage. The Company delivers targeted messages to its listeners using a combination of audio, display and video advertisements.

Earnings History for Pandora Media (NYSE:P)

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