Zacks: Brokerages Expect Twilio Inc (NYSE:TWLO) Will Post Earnings of $0.02 Per Share

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Brokerages expect that Twilio Inc (NYSE:TWLO) will post earnings of $0.02 per share for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Twilio’s earnings. The highest EPS estimate is $0.07 and the lowest is $0.00. Twilio posted earnings per share of $0.04 during the same quarter last year, which would suggest a negative year over year growth rate of 50%. The business is expected to announce its next earnings results on Tuesday, February 11th.

According to Zacks, analysts expect that Twilio will report full year earnings of $0.13 per share for the current fiscal year, with EPS estimates ranging from $0.11 to $0.17. For the next year, analysts forecast that the company will post earnings of $0.21 per share, with EPS estimates ranging from $0.12 to $0.32. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that that provide coverage for Twilio.

Twilio (NYSE:TWLO) last announced its quarterly earnings data on Wednesday, October 30th. The technology company reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.02. The company had revenue of $295.00 million for the quarter, compared to analysts’ expectations of $287.96 million. Twilio had a negative return on equity of 6.02% and a negative net margin of 26.20%. Twilio’s revenue for the quarter was up 74.6% compared to the same quarter last year. During the same period last year, the firm posted $0.07 EPS.

TWLO has been the subject of a number of research reports. Needham & Company LLC cut their price objective on shares of Twilio to $125.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. DA Davidson decreased their target price on shares of Twilio to $125.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Canaccord Genuity decreased their target price on shares of Twilio from $155.00 to $125.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Bank of America lowered their price target on shares of Twilio from $160.00 to $138.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Finally, Oppenheimer cut their price target on shares of Twilio from $160.00 to $145.00 and set an “outperform” rating for the company in a research report on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $137.25.

In other Twilio news, Director Bessemer Venture Partners Vii sold 7,402 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $103.11, for a total transaction of $763,220.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO George Hu sold 7,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $104.38, for a total value of $793,288.00. The disclosure for this sale can be found here. In the last three months, insiders sold 212,125 shares of company stock worth $22,453,002. Insiders own 10.85% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. Financial Architects Inc lifted its stake in Twilio by 195.1% in the third quarter. Financial Architects Inc now owns 233 shares of the technology company’s stock worth $26,000 after acquiring an additional 478 shares during the period. Massmutual Trust Co. FSB ADV boosted its holdings in Twilio by 94.6% in the second quarter. Massmutual Trust Co. FSB ADV now owns 218 shares of the technology company’s stock valued at $30,000 after acquiring an additional 106 shares in the last quarter. Banco de Sabadell S.A bought a new stake in Twilio in the second quarter valued at $31,000. Cerebellum GP LLC purchased a new position in Twilio during the 2nd quarter valued at $33,000. Finally, Financial Gravity Wealth Inc. purchased a new position in Twilio during the 2nd quarter valued at $41,000. 80.67% of the stock is currently owned by hedge funds and other institutional investors.

Shares of TWLO traded up $1.00 during mid-day trading on Friday, reaching $98.54. The company’s stock had a trading volume of 1,903,716 shares, compared to its average volume of 3,211,148. The stock has a market cap of $13.38 billion, a PE ratio of -123.18 and a beta of 1.14. The company has a current ratio of 9.57, a quick ratio of 9.57 and a debt-to-equity ratio of 0.14. Twilio has a 52 week low of $73.15 and a 52 week high of $151.00. The company’s fifty day moving average price is $100.93 and its two-hundred day moving average price is $122.90.

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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Earnings History and Estimates for Twilio (NYSE:TWLO)

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