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Stock impact report

Why Is GoDaddy (GDDY) Up 18.6% Since Last Earnings Report? [Yahoo! Finance]

GoDaddy Inc. Class A (GDDY) 
Last godaddy inc. class a earnings: 2/13 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is GoDaddy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. GoDaddy reported third-quarter 2024 earnings of $1.32 per share, beating the Zacks Consensus Estimate by 5.6% and jumping 48.3% year over year. GDDY generated revenues of $1.15 billion, surpassing the Zacks Consensus Estimate by 0.4%. Revenues increased 7.3% year over year on a reported and constant-currency (cc) basis. Applications and Commerce (A&C), comprising Websites and Marketing, Managed WordPress, Productivity Applications, and Payments and Commerce, generated $423.1 million (contributing 36.9% to total revenues), up 16.5% on a year-over-year basis. Core Platform, consisting of domains, aftermarket, hosting, and security, increased 2.6% year over year to $724.5 million Show less Read more
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