Pandora whiffs on earnings -- stock slides after-hours

Pandora missed Wall Street targets for its Q4 earnings per share, and the stock is down almost 6% after hours.

It has been a roller-coaster day for Pandora. The stock had been up over 8% in trading on reports that Pandora is in preliminary talks to sell itself.

Here’s how Pandora did versus Wall Street expectations:

  • Adjusted EPS: 4 cents per share, which was lower than both Bloomberg (6 cents) and Yahoo’s (7 cents) analyst estimates.
  • Revenue:$336.2 million, which was lower than Bloomberg’s analyst estimate of $341.6 million, but above Yahoo’s $331.83 million.

Here is a chart of the stock:

NOW WATCH: Animated map reveals the 550,000 miles of cable hidden under the ocean that power the internet

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.