Zacks: Analysts Anticipate Twilio Inc (TWLO) Will Post Earnings of -$0.07 Per Share
Equities research analysts expect Twilio Inc (NYSE:TWLO) to announce earnings per share of ($0.07) for the current fiscal quarter, Zacks reports. Six analysts have made estimates for Twilio’s earnings. The highest EPS estimate is ($0.06) and the lowest is ($0.12). Twilio posted earnings of ($0.04) per share in the same quarter last year, which indicates a negative year over year growth rate of 75%. The firm is scheduled to report its next earnings results on Tuesday, May 1st.
On average, analysts expect that Twilio will report full year earnings of ($0.12) per share for the current year, with EPS estimates ranging from ($0.14) to ($0.10). For the next year, analysts anticipate that the business will report earnings of $0.07 per share, with EPS estimates ranging from ($0.02) to $0.13. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that that provide coverage for Twilio.
Twilio (NYSE:TWLO) last posted its earnings results on Tuesday, February 13th. The technology company reported ($0.17) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.18) by $0.01. Twilio had a negative net margin of 15.97% and a negative return on equity of 19.65%. The company had revenue of $115.24 million for the quarter, compared to analysts’ expectations of $103.51 million.
Twilio (NYSE TWLO) traded up $2.37 during midday trading on Friday, reaching $37.33. 7,290,356 shares of the company’s stock were exchanged, compared to its average volume of 2,300,000. Twilio has a 52 week low of $22.80 and a 52 week high of $37.63. The firm has a market capitalization of $3,470.00 and a PE ratio of -46.66.
In related news, General Counsel Karyn Smith sold 4,611 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $33.38, for a total transaction of $153,915.18. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 22,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $30.00, for a total transaction of $675,000.00. The disclosure for this sale can be found here. Insiders have sold 108,842 shares of company stock worth $3,259,301 over the last 90 days. Insiders own 25.03% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the stock. Delpha Capital Management LLC purchased a new stake in shares of Twilio during the fourth quarter worth approximately $101,000. Cerebellum GP LLC purchased a new position in Twilio in the fourth quarter valued at approximately $117,000. SeaCrest Wealth Management LLC purchased a new position in Twilio in the fourth quarter valued at approximately $123,000. Ameritas Investment Partners Inc. purchased a new position in Twilio in the second quarter valued at approximately $159,000. Finally, Public Employees Retirement Association of Colorado purchased a new position in Twilio in the fourth quarter valued at approximately $159,000. Hedge funds and other institutional investors own 55.39% of the company’s stock.
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Twilio Company Profile
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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