Wall Street brokerages have expected that the shares of TWTR would be announcing an EPS of $0.14 for the present quarter. According to a report, thirteen investment analysts have already issued estimates into the earnings of the company. The ball has been rolled at $0.08 and can go up to $0.18.
The EPS reported by Twitter the previous year was $0.11, so this implies an annual growth rate of about 27.3%. TWTR will be putting up their next report on quarterly earnings on the 29th of April.
The Quarterly Estimate of TWTR
The shares of TWTR previously reported their quarterly data on the 9th of February. The EPS reported by the company the previous quarter was $0.38, which was more than the consensus estimate of $0.31. The revenue generated by the company over the quarter was $1.29 billion, which was more than the estimate set by analysts at $1.19. The company also has a -12.42% return on their equity along with a -31.70% net margin.
There have been quite a few research equities that have commented on the stocks of TWTR. Cleveland Research has already increased the rating of the company from neutral to buy in a 1st March research report. The Bank of America has also increased the price target of the company from $58 to $78, along with a rating of buy in a 10th February research report.
Piper Sandler has also increased the target price from a sum of $61 to $71 in a 26th February research report. Mizuho Securities has gone down the same road- with a price target increased from $57 to $67 with a rating of neutral.
One investment analyst covering the stocks of the firm has already given TWTR a rating of hold, while fifteen others have given the stocks a rating of buy. The company currently has a hold rating with a $61.50 price target.
