Zacks: Analysts Anticipate Twilio Inc (TWLO) Will Post Earnings of -$0.05 Per Share

Brokerages expect Twilio Inc (NYSE:TWLO) to announce earnings per share (EPS) of ($0.05) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Twilio’s earnings. The lowest EPS estimate is ($0.07) and the highest is ($0.04). Twilio posted earnings per share of ($0.04) in the same quarter last year, which would suggest a negative year-over-year growth rate of 25%. The company is scheduled to announce its next quarterly earnings report on Tuesday, May 1st.

According to Zacks, analysts expect that Twilio will report full-year earnings of ($0.11) per share for the current financial year, with EPS estimates ranging from ($0.19) to ($0.05). For the next year, analysts forecast that the firm will post earnings of $0.04 per share, with EPS estimates ranging from ($0.09) to $0.18. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow Twilio.

Several equities analysts have recently weighed in on the stock. Robert W. Baird reiterated a “buy” rating and issued a $37.00 target price on shares of Twilio in a research note on Friday, November 10th. Zacks Investment Research downgraded shares of Twilio from a “hold” rating to a “sell” rating in a research note on Tuesday, January 23rd. Northland Securities set a $36.00 target price on shares of Twilio and gave the stock a “buy” rating in a research note on Monday, November 13th. Oppenheimer reiterated a “buy” rating and issued a $38.00 target price on shares of Twilio in a research note on Tuesday, January 2nd. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $38.00 target price on shares of Twilio in a research note on Wednesday, December 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Twilio presently has a consensus rating of “Buy” and an average price target of $36.75.

In related news, General Counsel Karyn Smith sold 5,213 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $25.50, for a total transaction of $132,931.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Lee Kirkpatrick sold 10,830 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $25.28, for a total transaction of $273,782.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,222 shares of company stock valued at $850,128. 25.03% of the stock is owned by corporate insiders.

Large investors have recently modified their holdings of the stock. Delpha Capital Management LLC purchased a new position in Twilio during the fourth quarter valued at approximately $101,000. Cerebellum GP LLC purchased a new position in Twilio during the fourth quarter valued at approximately $117,000. SeaCrest Wealth Management LLC purchased a new position in Twilio during the fourth quarter valued at approximately $123,000. Ameritas Investment Partners Inc. purchased a new position in Twilio during the second quarter valued at approximately $159,000. Finally, Thompson Davis & CO. Inc. lifted its position in Twilio by 36.8% during the third quarter. Thompson Davis & CO. Inc. now owns 6,500 shares of the technology company’s stock valued at $194,000 after purchasing an additional 1,750 shares during the last quarter. 59.99% of the stock is owned by institutional investors.

Shares of Twilio (NYSE TWLO) opened at $30.72 on Thursday. Twilio has a 1-year low of $22.80 and a 1-year high of $34.74. The stock has a market cap of $2,860.00 and a PE ratio of -42.08.

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About Twilio

Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).

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