Twitter (TWTR) Set to Announce Earnings on Tuesday
Twitter (NYSE:TWTR) will post its Q114 quarterly earnings results on Tuesday, April 29th. Analysts expect Twitter to post earnings of ($0.03) per share and revenue of $240.90 million for the quarter.
Twitter (NYSE:TWTR) last released its earnings data on Wednesday, February 5th. The company reported $0.02 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.01) by $0.03. The company had revenue of $243.00 million for the quarter, compared to the consensus estimate of $218.45 million. On average, analysts expect Twitter to post $0.02 EPS for the current fiscal year and $0.22 EPS for the next fiscal year.
Twitter (NYSE:TWTR) opened at 41.61 on Monday. Twitter has a 52-week low of $38.80 and a 52-week high of $74.73. The stock’s 50-day moving average is $47.0 and its 200-day moving average is $52.39. The company’s market cap is $23.429 billion.
TWTR has been the subject of a number of recent research reports. Analysts at Wedbush reiterated a “positive” rating on shares of Twitter in a research note on Friday. On a related note, analysts at Pivotal Research reiterated a “sell” rating on shares of Twitter in a research note on Wednesday, April 16th. They now have a $34.00 price target on the stock. Finally, analysts at Morningstar downgraded shares of Twitter from a “hold” rating to a “sell” rating in a research note on Wednesday, April 16th. Eleven research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have given a buy rating to the company. Twitter presently has a consensus rating of “Hold” and an average target price of $49.58.
Twitter, Inc (NYSE:TWTR), is a global platform for public self-expression and conversation in real time.
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