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Barchart
Barchart
Kritika Sarmah

GoDaddy Earnings Preview: What to Expect

GoDaddy GDDY

Valued at a market cap of $24.3 billion, GoDaddy Inc. (GDDY) is a leading provider of domain name registration and web hosting services based in Tempe, Arizona. It primarily caters to small businesses, entrepreneurs, and individuals seeking to establish an online presence.

GoDaddy is set to unveil its first-quarter results after the market closes on Thursday, May 1. Ahead of the event, analysts expect GoDaddy to report a non-GAAP profit of $1.41 per share, up 30.6% from $1.08 per share reported in the year-ago quarter. The company has surpassed Wall Street’s bottom-line projections in three of the past four quarters, while missing in the previous quarter. 

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