$0.28 EPS Expected for Twitter Inc (NYSE:TWTR) This Quarter

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Equities research analysts expect that Twitter Inc (NYSE:TWTR) will report $0.28 earnings per share for the current quarter, Zacks Investment Research reports. Ten analysts have made estimates for Twitter’s earnings, with the highest EPS estimate coming in at $0.36 and the lowest estimate coming in at $0.18. Twitter reported earnings of $0.31 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 9.7%. The firm is expected to announce its next earnings report on Thursday, February 6th.

On average, analysts expect that Twitter will report full year earnings of $2.41 per share for the current fiscal year, with EPS estimates ranging from $2.28 to $2.51. For the next year, analysts anticipate that the firm will post earnings of $0.87 per share, with EPS estimates ranging from ($0.03) to $1.16. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that that provide coverage for Twitter.

Twitter (NYSE:TWTR) last posted its earnings results on Thursday, October 24th. The social networking company reported $0.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.07. Twitter had a return on equity of 6.07% and a net margin of 47.67%. The company had revenue of $824.00 million for the quarter, compared to analyst estimates of $875.21 million. During the same period last year, the company earned $0.21 earnings per share. The business’s revenue was up 8.7% compared to the same quarter last year.

TWTR has been the topic of several recent research reports. Evercore ISI lowered Twitter from an “in-line” rating to an “underperform” rating in a report on Thursday. Aegis lowered Twitter from a “buy” rating to a “hold” rating and cut their target price for the company from $48.00 to $33.00 in a report on Thursday, October 24th. Wedbush restated a “hold” rating and set a $34.50 target price (down from $42.00) on shares of Twitter in a report on Friday, October 25th. MKM Partners cut their target price on Twitter from $44.00 to $34.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, Bank of America set a $39.00 target price on Twitter and gave the company a “buy” rating in a report on Friday, October 25th. Five investment analysts have rated the stock with a sell rating, twenty-five have issued a hold rating and eleven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $36.61.

NYSE TWTR traded up $0.16 during trading on Tuesday, hitting $29.21. 10,499,561 shares of the company traded hands, compared to its average volume of 15,762,041. Twitter has a 12 month low of $26.26 and a 12 month high of $45.85. The business has a fifty day simple moving average of $37.15 and a 200 day simple moving average of $38.58. The company has a current ratio of 8.69, a quick ratio of 8.69 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $23.14 billion, a P/E ratio of 53.11, a PEG ratio of 0.52 and a beta of 0.58.

In related news, insider Michael Montano sold 1,750 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $30.19, for a total transaction of $52,832.50. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Matthew Derella sold 4,668 shares of the business’s stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $39.68, for a total value of $185,226.24. The disclosure for this sale can be found here. Insiders sold 97,450 shares of company stock worth $3,584,723 over the last quarter. 2.65% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Keystone Financial Group boosted its holdings in Twitter by 3.5% during the second quarter. Keystone Financial Group now owns 8,093 shares of the social networking company’s stock valued at $282,000 after purchasing an additional 270 shares in the last quarter. Truvestments Capital LLC boosted its holdings in Twitter by 55.7% during the third quarter. Truvestments Capital LLC now owns 836 shares of the social networking company’s stock valued at $34,000 after purchasing an additional 299 shares in the last quarter. Winslow Evans & Crocker Inc. boosted its holdings in Twitter by 24.9% during the third quarter. Winslow Evans & Crocker Inc. now owns 1,544 shares of the social networking company’s stock valued at $64,000 after purchasing an additional 308 shares in the last quarter. Impax Asset Management Group plc boosted its holdings in Twitter by 1.1% during the second quarter. Impax Asset Management Group plc now owns 28,874 shares of the social networking company’s stock valued at $1,008,000 after purchasing an additional 309 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in Twitter by 8.0% during the second quarter. Signaturefd LLC now owns 4,193 shares of the social networking company’s stock valued at $146,000 after purchasing an additional 310 shares in the last quarter. Hedge funds and other institutional investors own 69.23% of the company’s stock.

Twitter Company Profile

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter, a platform that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

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Earnings History and Estimates for Twitter (NYSE:TWTR)

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