Why Rocket Fuel (FUEL) Stock Is Plummeting Today

NEW YORK (TheStreet) -- Rocket Fuel (FUEL) was falling -26.7% to $18.15 Wednesday after guiding below analysts' estimates for the third quarter and full year 2014, and despite beating estimates for the second quarter.

The company said it expects revenue of $96 million to $100 million for the third quarter. Analysts surveyed by Thomson Reuters expect revenue of $109.6 million for the quarter. For the full year Rocket Fuel expects revenue of $385 million to $405 million, below analysts' estimates of $422.6 million.

For the second quarter Rocket Fuel reported a loss of-11 cents a share, above analysts' estimates of a loss of -22 cents a share .Revenue grew 70.2% from the year-ago quarter to $92.6 million, beating analysts' estimates of $90.2 million for the quarter.

Must read: Warren Buffett's 25 Favorite Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

FUEL ChartFUEL data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

More from Markets

Video: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Video: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Red Robin Slumps After Earnings Miss

Red Robin Slumps After Earnings Miss

Stocks Trade Lower as Optimism Wanes Over China Trade Talks

Stocks Trade Lower as Optimism Wanes Over China Trade Talks

Comcast Considering All-Cash Bid for Fox as Disney Battle Heads to the Wire

Comcast Considering All-Cash Bid for Fox as Disney Battle Heads to the Wire

Target's Stock Tanks After Q1 Earnings Miss and Slowing Sales

Target's Stock Tanks After Q1 Earnings Miss and Slowing Sales