New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 25, 2014
13:42 EDTPPandora tumbles after guidance miss but analysts remain upbeat
Shares of music streaming company Pandora (P) are falling after the company reported a slightly higher than expected second quarter profit and in-line revenue, but the midpoint of its third quarter profit guidance came in below analysts' consensus estimate. A number of analysts recommended buying the stock on its weakness today. WHAT'S NEW: Pandora reported second quarter earnings per share of 4c, compared with analysts' consensus estimate of 3c. The company's revenue was in-line with expectations and its total listening hours rose 29% year-over-year. However, the music streaming company provided Q3 EPS guidance of 5c-8c, versus analysts' consensus outlook of 8c. Pandora, however, raised its full-year EPS guidance to 16c-19c from 14c-18c, versus the consensus outlook of 17c. ANALYST REACTION: In a note to investors, Piper Jaffray analyst James Marsh recommended that investors buy Pandora on weakness today. The company is very much on track, as it posted solid listener growth and its monetization is quickly improving, Marsh stated. Pacific Crest analyst Corey Barrett also recommended that investors buy Pandora today. The company's advertising sales per sales employee has risen in each of the past two quarters, versus the same period a year earlier, the analyst wrote. As a result, Barrett is confident that the company can increase its monetization sufficiently to meet its updated 2014 guidance. Barrett kept a $45 price target and Outperform rating on the shares. PRICE ACTION: In mid-afternoon trading, Pandora sank $3.50, or 12%, to $25.
News For P From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent P news | >>
October 24, 2014
07:59 EDTPPandora price target lowered to $36 from $43 at Canaccord
Canaccord lowered its price target on Pandora following its Q3 report. The firm expects strong revenue and margin growth to continue and for the gap between its share of radio listening and revenue to close. Canaccord maintains its Buy rating on Pandora shares.
05:55 EDTPPandora story remains on track, says Piper Jaffray
Subscribe for More Information
05:48 EDTPStocks with implied volatility movement; P GPRO
Stocks with implied volatility movement; Pandora (P) 69, GoPro (GPRO) 92 according to iVolatility.
October 23, 2014
18:52 EDTPOn The Fly: After Hours Movers
UP AFTER EARNINGS: Rubicon Project (RUBI), up 19.2%... KLA-Tencor (KLAC), up 15.8%... Gigamon (GIMO), up 13.5%... Maxwell (MXWL), up 11.3%... Qlik Technologies (QLIK), up 9.8%... NetSuite (N), up 5.5%... Microsoft (MSFT), up 3.3%... Juniper Networks (JNPR), reverses in after-hours trading and is up 1.4% after reporting third quarter results and announcing a $1.1B increase to the company's share repurchase authorization. ALSO HIGHER: Vitae Pharmaceuticals (VTAE), up 38.6% following positive top-line results from two Phase 1 clinical trials of BI1181181/VTP-37948... Pfizer (PFE), up 1.8% after announcing a new $11B share repurchase program. DOWN AFTER EARNINGS: Amazon.com (AMZN), down 10.7%... Synaptics(SYNA), down 12.7%... Pandora (P), down 6.8%... Lattice Semiconductor (LSCC), down 5.6%... Maxim Integrated (MXIM), down 5.8%. ALSO LOWER: DryShips (DRYS), down 16.5% after filing an automatic common stock shelf... NPS Pharmaceuticals (NPSP), down 7.9% following PDUFA date for Natpara extended three months to January 24... GoPro (GPRO), down 2.8% after being initiated with an Underperform at Oppenheimer.
17:51 EDTPPandora down almost 6% to $21.75 after Q3 results, guidance
Subscribe for More Information
16:08 EDTPPandora share of total U.S. radio listening in September 9.06%
Subscribe for More Information
16:08 EDTPPandora Q3 total listener hours grew 25% to 4.99B
Total listener hours grew 25% to 4.99B for the third quarter of 2014, compared to 3.99B for the same period last year. Active listeners grew 5.2% to 76.5M at the end of the third quarter of 2014, compared to 72.7M from the same period last year.
16:06 EDTPPandora raises FY14 EPS view to 19c-21c from 16c-19c from, consensus 18c
Subscribe for More Information
16:04 EDTPPandora sees Q4 EPS 17c-19c, consensus 17c
Subscribe for More Information
16:03 EDTPPandora reports Q3 EPS 9c, consensus 8c
Reports Q3 revenue $239.6M, consensus $238.5M.
16:00 EDTPOptions Update; October 23, 2014
iPath S&P 500 VIX Short-Term Futures down 2.04 to 33.48. Option volume leaders: AAPL TSLA TWTR F AMZN FB NFLX PBR P according to Track Data.
15:49 EDTPPandora October 23 straddle priced for 10.4% move into Q3
15:30 EDTPNotable companies reporting after market close
Subscribe for More Information
12:51 EDTPPandora technical comments before results
Subscribe for More Information
October 22, 2014
11:18 EDTPPandora launches marketing platform AMP for artists
Subscribe for More Information
October 21, 2014
15:22 EDTPPandora volatility elevated into Q3 and outlook
Pandora October weekly call option implied volatility is at 135, November is at 70, December is at 58, January is at 57; compared to its 26-week average of 55 according to Track Data, suggesting large price movement into the expected release of Q3 results on October 23.
October 20, 2014
07:24 EDTPPandora expected to meet/beat high-end of Q3 guidance, says Wedbush
Subscribe for More Information
October 17, 2014
10:31 EDTPPandora calls active on renewed speculation of an activist investor
Subscribe for More Information
10:20 EDTPPandora spikes higher, levels to watch
Shares are up 3% to $22.70 on a sharp spike in the last ten minutes. At current price resistance is at $23.23. Support is at $22.45, the opening price of the day.
10:16 EDTPRumor: Pandora moves up on renewed speculation of an activist investor
Subscribe for More Information
1 | 2 | all recent P news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use