Stock Track | Ibotta (IBTA) Shares Soar 5.14% as Q3 Earnings Beat Propels the Stock

Stock Track11-16 04:02

Ibotta Inc. (NYSE:IBTA) saw its stock soar 5.14% intraday on Friday, November 15th, 2024 after reporting stellar third quarter 2024 earnings results.

The mobile shopping rewards app and media company delivered a net income of $17.2 million for the quarter, up from $0 in Q3 2023. Earnings per share of $0.56 came in significantly higher than analyst expectations, beating estimates by a whopping 45%.

Revenue for the period also exceeded forecasts, climbing 16% year-over-year and outpacing the 3.7% growth projected for the overall US media industry. Looking ahead, Ibotta guided for continued robust revenue growth of around 16% annually over the next three years.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1112731259?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-16 04:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1112731259","market":"hk","top_or_hot":-1,"title":"Stock Track | Ibotta (IBTA) Shares Soar 5.14% as Q3 Earnings Beat Propels the Stock","media":"Stock Track","content":"<p>Ibotta Inc. (NYSE:IBTA) saw its stock soar 5.14% intraday on Friday, November 15th, 2024 after reporting stellar third quarter 2024 earnings results.</p>\n\n<p>The mobile shopping rewards app and media company delivered a net income of $17.2 million for the quarter, up from $0 in Q3 2023. Earnings per share of $0.56 came in significantly higher than analyst expectations, beating estimates by a whopping 45%.</p>\n\n<p>Revenue for the period also exceeded forecasts, climbing 16% year-over-year and outpacing the 3.7% growth projected for the overall US media industry. Looking ahead, Ibotta guided for continued robust revenue growth of around 16% annually over the next three years.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Ibotta (IBTA) Shares Soar 5.14% as Q3 Earnings Beat Propels the Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Ibotta (IBTA) Shares Soar 5.14% as Q3 Earnings Beat Propels the Stock\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-16 04:02 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ibotta Inc. (NYSE:IBTA) saw its stock soar 5.14% intraday on Friday, November 15th, 2024 after reporting stellar third quarter 2024 earnings results.\nThe mobile shopping rewards app and media company ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IBTA","symbol_name":"Ibotta Inc.","start_time":0,"source_url":"","article_id":"1112731259","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112731259","pubTimestamp":1731700947,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Ibotta Inc.  saw its stock soar 5.14% intraday on Friday, November 15th, 2024 after reporting stellar third quarter 2024 earnings results.The mobile shopping rewards app and media company delivered a net income of $17.2 million for the quarter, up from $0 in Q3 2023. Earnings per share of $0.56 came in significantly higher than analyst expectations, beating estimates by a whopping 45%.Revenue for the period also exceeded forecasts, climbing 16% year-over-year and outpacing the 3.7% growth projec","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IBTA":"Ibotta Inc."},"translate_title":"股票追踪Ibotta(IBTA)股价飙升5.14%，第三季度盈利超出预期推动股价上涨","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBTA":1},"content_text":"Ibotta Inc. (NYSE:IBTA) saw its stock soar 5.14% intraday on Friday, November 15th, 2024 after reporting stellar third quarter 2024 earnings results.\nThe mobile shopping rewards app and media company delivered a net income of $17.2 million for the quarter, up from $0 in Q3 2023. Earnings per share of $0.56 came in significantly higher than analyst expectations, beating estimates by a whopping 45%.\nRevenue for the period also exceeded forecasts, climbing 16% year-over-year and outpacing the 3.7% growth projected for the overall US media industry. Looking ahead, Ibotta guided for continued robust revenue growth of around 16% annually over the next three years.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1112731259"}