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Barchart
Barchart
Aditya Sarawgi

GoDaddy’s Quarterly Earnings Preview: What You Need to Know

GoDaddy GDDY

Tempe, Arizona-based GoDaddy Inc. (GDDY) is an internet domain registrar and web hosting company that also sells e-business-related software and services. With a market cap of $28.2 billion, GoDaddy operates through Applications and Commerce, and Core Platform segments. GoDaddy is set to unveil its fourth-quarter results after the market closes on Thursday, Feb. 13.

Ahead of the event, analysts expect GoDaddy to report a non-GAAP profit of $1.46 per share, up a staggering 35.2% from $1.08 per share reported in the year-ago quarter. Furthermore, the company has surpassed Wall Street’s bottom-line projections in each of the past four quarters. Its adjusted EPS for the last reported quarter surged 48.3% year-over-year to $1.32, exceeding analysts' estimates by 5.6%.

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