Pandora Earnings: Analysts Expect Small Profit

Pandora Media Inc (NYSE:P) is due to release its earnings report for the three months through June this afternoon after the market closes. Analysts are expecting the company to post a small profit in the quarter. More importantly, big revenue gains are seen as likely in this afternoon's release.

Pandora Media Inc (NYSE:P) is currently attempting to monetize its music streaming service in order to transform its business from a growing technology idea with market backing into a real money making venture. Analysts following the company are expecting earnings per share of 2 cents from today's report by consensus.

Pandora revenue boom

The...