Brokerages Anticipate Twilio Inc (TWLO) Will Post Earnings of -$0.06 Per Share

Brokerages predict that Twilio Inc (NYSE:TWLO) will report earnings per share (EPS) of ($0.06) for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Twilio’s earnings. The lowest EPS estimate is ($0.07) and the highest is ($0.05). Twilio posted earnings of ($0.05) per share during the same quarter last year, which indicates a negative year-over-year growth rate of 20%. The company is expected to issue its next quarterly earnings results on Monday, August 6th.

On average, analysts expect that Twilio will report full-year earnings of ($0.09) per share for the current year, with EPS estimates ranging from ($0.11) to ($0.07). For the next year, analysts anticipate that the business will report earnings of $0.07 per share, with EPS estimates ranging from $0.00 to $0.14. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Twilio.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Tuesday, May 8th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.03. Twilio had a negative return on equity of 21.88% and a negative net margin of 16.61%. The firm had revenue of $129.12 million during the quarter, compared to analyst estimates of $115.92 million. During the same quarter in the previous year, the firm earned ($0.04) EPS. Twilio’s quarterly revenue was up 47.8% compared to the same quarter last year.



A number of equities analysts have weighed in on TWLO shares. Monness Crespi & Hardt started coverage on Twilio in a research report on Wednesday, April 11th. They issued a “buy” rating and a $60.00 target price for the company. Northland Securities boosted their target price on Twilio from $39.00 to $46.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 11th. Vetr raised Twilio from a “hold” rating to a “buy” rating and set a $39.36 target price for the company in a research report on Tuesday, April 10th. Robert W. Baird reissued a “buy” rating on shares of Twilio in a research report on Thursday, March 15th. Finally, Citigroup boosted their target price on Twilio to $43.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 13th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and fifteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $43.90.

In other Twilio news, CFO Lee Kirkpatrick sold 12,000 shares of the business’s stock in a transaction dated Tuesday, April 17th. The stock was sold at an average price of $40.83, for a total transaction of $489,960.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Karyn Smith sold 938 shares of the business’s stock in a transaction dated Monday, April 16th. The shares were sold at an average price of $39.36, for a total value of $36,919.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 50,167 shares of company stock valued at $2,431,728. Corporate insiders own 19.80% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. BlackRock Inc. grew its stake in shares of Twilio by 7.8% during the 1st quarter. BlackRock Inc. now owns 4,408,663 shares of the technology company’s stock valued at $168,323,000 after acquiring an additional 317,128 shares during the period. Technology Crossover Management IX Ltd. bought a new position in Twilio in the 4th quarter worth approximately $47,599,000. Allianz Asset Management GmbH boosted its stake in Twilio by 20.7% in the 1st quarter. Allianz Asset Management GmbH now owns 1,808,340 shares of the technology company’s stock worth $69,042,000 after purchasing an additional 310,270 shares during the period. Franklin Resources Inc. boosted its stake in Twilio by 27.2% in the 4th quarter. Franklin Resources Inc. now owns 1,650,883 shares of the technology company’s stock worth $38,961,000 after purchasing an additional 352,970 shares during the period. Finally, Raging Capital Management LLC bought a new position in Twilio in the 4th quarter worth approximately $22,420,000. Institutional investors own 62.16% of the company’s stock.

Twilio traded down $0.56, reaching $59.00, during mid-day trading on Thursday, Marketbeat.com reports. The company’s stock had a trading volume of 2,273,399 shares, compared to its average volume of 2,199,933. Twilio has a 12-month low of $23.25 and a 12-month high of $60.35. The firm has a market cap of $5.57 billion, a price-to-earnings ratio of -75.64 and a beta of -0.27.

Twilio Company Profile

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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