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Pandora whiffs on earnings — stock slides after-hours

Nathan McAlone
Pandora CEO Brian McAndrews
Pandora CEO Brian McAndrews

(REUTERS/Brendan McDermid)
Pandora CEO Brian McAndrews.

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.

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Here is a chart of the stock:

Screen Shot 2016 02 11 at 4.10.10 PM
Screen Shot 2016 02 11 at 4.10.10 PM

(Yahoo Finance)

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