Brokerages expect that Twitter Inc (NYSE:TWTR) will post $0.18 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Eleven analysts have made estimates for Twitter’s earnings, with the lowest EPS estimate coming in at $0.12 and the highest estimate coming in at $0.22. Twitter reported earnings of $0.17 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 5.9%. The firm is scheduled to issue its next quarterly earnings report before the market opens on Friday, July 26th.

According to Zacks, analysts expect that Twitter will report full year earnings of $1.05 per share for the current fiscal year, with EPS estimates ranging from $0.89 to $1.20. For the next fiscal year, analysts forecast that the business will post earnings of $1.06 per share, with EPS estimates ranging from $0.93 to $1.20. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Twitter.

Twitter (NYSE:TWTR) last issued its quarterly earnings data on Tuesday, April 23rd. The social networking company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.31. The firm had revenue of $787.00 million during the quarter, compared to analysts’ expectations of $775.16 million. Twitter had a return on equity of 8.37% and a net margin of 42.20%. Twitter’s revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 earnings per share.

A number of equities analysts have recently weighed in on TWTR shares. Nomura boosted their price target on Twitter from $31.00 to $33.00 and gave the stock a “neutral” rating in a report on Wednesday, April 24th. Pivotal Research started coverage on SRC Energy in a report on Wednesday, May 29th. They issued a “buy” rating and a $37.29 price target for the company. Zacks Investment Research cut Heritage Insurance from a “hold” rating to a “strong sell” rating in a report on Friday, April 26th. Deutsche Bank boosted their price target on Texas Instruments from $100.00 to $110.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. Finally, SunTrust Banks cut KEYW from a “buy” rating to a “hold” rating and boosted their price target for the stock from $11.00 to $11.25 in a report on Monday, April 22nd. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and sixteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $39.49.

In other Twitter news, insider Michael Montano sold 1,250 shares of the business’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $37.17, for a total transaction of $46,462.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Ned D. Segal sold 6,000 shares of the business’s stock in a transaction dated Tuesday, July 9th. The shares were sold at an average price of $36.67, for a total value of $220,020.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 106,062 shares of company stock valued at $4,025,313. Company insiders own 2.65% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Moody National Bank Trust Division lifted its position in shares of Twitter by 92.6% during the first quarter. Moody National Bank Trust Division now owns 994 shares of the social networking company’s stock valued at $33,000 after purchasing an additional 478 shares in the last quarter. First Financial Corp IN bought a new position in shares of Twitter during the first quarter valued at about $33,000. Asset Dedication LLC bought a new position in shares of Twitter during the first quarter valued at about $33,000. Cullen Frost Bankers Inc. bought a new position in shares of Twitter during the first quarter valued at about $33,000. Finally, Liberty Wealth Management LLC bought a new position in shares of Twitter during the fourth quarter valued at about $37,000. 67.20% of the stock is owned by hedge funds and other institutional investors.

TWTR stock traded up $0.81 during midday trading on Monday, hitting $37.58. 8,238,132 shares of the stock were exchanged, compared to its average volume of 15,886,406. Twitter has a fifty-two week low of $26.19 and a fifty-two week high of $44.39. The stock has a market capitalization of $28.52 billion, a PE ratio of 68.33, a price-to-earnings-growth ratio of 2.35 and a beta of 0.57. The stock’s 50-day moving average is $36.49. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.47 and a current ratio of 4.47.

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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