Zacks: Analysts Anticipate Twilio Inc (TWLO) to Announce $0.04 Earnings Per Share

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Brokerages forecast that Twilio Inc (NYSE:TWLO) will post $0.04 earnings per share for the current quarter, Zacks reports. Six analysts have issued estimates for Twilio’s earnings. The highest EPS estimate is $0.10 and the lowest is $0.02. Twilio posted earnings of ($0.03) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 233.3%. The company is scheduled to issue its next quarterly earnings report on Tuesday, February 12th.

On average, analysts expect that Twilio will report full-year earnings of $0.10 per share for the current fiscal year, with EPS estimates ranging from $0.04 to $0.17. For the next year, analysts forecast that the company will post earnings of $0.16 per share, with EPS estimates ranging from $0.05 to $0.37. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Twilio.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Tuesday, November 6th. The technology company reported ($0.15) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.04. The business had revenue of $168.90 million for the quarter, compared to analyst estimates of $151.62 million. Twilio had a negative net margin of 16.70% and a negative return on equity of 19.56%. The firm’s revenue for the quarter was up 68.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.08) EPS.

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Twilio to $84.00 and gave the stock an “overweight” rating in a research report on Wednesday. Piper Jaffray Companies reiterated a “buy” rating and set a $85.00 price target on shares of Twilio in a research report on Tuesday, August 7th. Mitsubishi UFJ Financial Group increased their price target on shares of Twilio to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 14th. Argus increased their price target on shares of Twilio from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Bank of America increased their price target on shares of Twilio from $63.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, August 7th. One research analyst has rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $81.22.

In other news, General Counsel Karyn Smith sold 2,009 shares of Twilio stock in a transaction on Wednesday, August 15th. The shares were sold at an average price of $73.71, for a total transaction of $148,083.39. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO George Hu sold 22,889 shares of Twilio stock in a transaction on Wednesday, August 15th. The stock was sold at an average price of $74.75, for a total transaction of $1,710,952.75. The disclosure for this sale can be found here. Insiders sold 184,477 shares of company stock worth $14,711,857 in the last 90 days. Company insiders own 19.80% of the company’s stock.

Large investors have recently modified their holdings of the company. Peloton Wealth Strategists lifted its holdings in shares of Twilio by 4.7% during the second quarter. Peloton Wealth Strategists now owns 28,690 shares of the technology company’s stock worth $1,607,000 after purchasing an additional 1,290 shares during the period. SG Americas Securities LLC raised its stake in Twilio by 100.4% during the second quarter. SG Americas Securities LLC now owns 8,025 shares of the technology company’s stock worth $450,000 after buying an additional 4,020 shares during the last quarter. Whale Rock Capital Management LLC bought a new position in Twilio during the second quarter worth $64,266,000. Morgan Stanley raised its stake in Twilio by 5.3% during the second quarter. Morgan Stanley now owns 947,604 shares of the technology company’s stock worth $53,083,000 after buying an additional 47,775 shares during the last quarter. Finally, Fox Run Management L.L.C. bought a new position in Twilio during the second quarter worth $308,000. Institutional investors own 57.29% of the company’s stock.

NYSE TWLO opened at $92.23 on Wednesday. The company has a current ratio of 7.20, a quick ratio of 7.20 and a debt-to-equity ratio of 0.98. The company has a market cap of $9.37 billion, a P/E ratio of -118.24 and a beta of 1.00. Twilio has a 1 year low of $23.25 and a 1 year high of $98.89.

About Twilio

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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