$263.58 Million in Sales Expected for Twilio Inc (TWLO) This Quarter

Equities research analysts predict that Twilio Inc (NYSE:TWLO) will post sales of $263.58 million for the current fiscal quarter, Zacks Investment Research reports. Nine analysts have issued estimates for Twilio’s earnings. The lowest sales estimate is $261.89 million and the highest is $264.78 million. Twilio posted sales of $147.75 million during the same quarter last year, which would indicate a positive year over year growth rate of 78.4%. The firm is expected to report its next quarterly earnings report on Monday, August 5th.

On average, analysts expect that Twilio will report full year sales of $1.10 billion for the current fiscal year, with estimates ranging from $1.07 billion to $1.11 billion. For the next year, analysts forecast that the business will report sales of $1.45 billion, with estimates ranging from $1.36 billion to $1.54 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Twilio.

Twilio (NYSE:TWLO) last released its earnings results on Tuesday, April 30th. The technology company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.40). The firm had revenue of $233.00 million during the quarter, compared to analyst estimates of $223.45 million. Twilio had a negative net margin of 17.87% and a negative return on equity of 9.50%. Twilio’s quarterly revenue was up 80.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.04) EPS.

TWLO has been the topic of several recent analyst reports. Argus boosted their target price on shares of Twilio to $125.00 and gave the company a “buy” rating in a report on Thursday, February 14th. Zacks Investment Research upgraded shares of Twilio from a “hold” rating to a “buy” rating and set a $142.00 target price on the stock in a report on Wednesday, April 17th. Guggenheim initiated coverage on shares of Twilio in a report on Monday, March 11th. They issued a “buy” rating and a $140.00 target price on the stock. Deutsche Bank boosted their target price on shares of Twilio from $130.00 to $150.00 and gave the company a “buy” rating in a report on Friday, March 22nd. Finally, ValuEngine upgraded shares of Twilio from a “buy” rating to a “strong-buy” rating in a report on Wednesday, May 1st. Three equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $138.36.

TWLO stock traded up $1.92 during midday trading on Monday, hitting $138.69. The stock had a trading volume of 113,773 shares, compared to its average volume of 4,771,517. The firm has a market cap of $16.21 billion, a price-to-earnings ratio of -172.21 and a beta of 1.30. The company has a quick ratio of 5.83, a current ratio of 5.83 and a debt-to-equity ratio of 0.18. Twilio has a 1-year low of $53.17 and a 1-year high of $144.62.

In other news, CEO Jeff Lawson sold 20,830 shares of the business’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $129.87, for a total transaction of $2,705,192.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Karyn Smith sold 937 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $125.50, for a total transaction of $117,593.50. The disclosure for this sale can be found here. Insiders have sold 155,107 shares of company stock worth $20,315,428 in the last quarter. Company insiders own 10.85% of the company’s stock.

Large investors have recently bought and sold shares of the company. Manchester Capital Management LLC bought a new stake in shares of Twilio during the first quarter worth about $26,000. Rockefeller Capital Management L.P. bought a new stake in shares of Twilio during the first quarter worth about $31,000. Parallel Advisors LLC increased its position in shares of Twilio by 300.0% during the fourth quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock worth $35,000 after acquiring an additional 300 shares in the last quarter. Lindbrook Capital LLC increased its position in shares of Twilio by 200.0% during the first quarter. Lindbrook Capital LLC now owns 300 shares of the technology company’s stock worth $38,000 after acquiring an additional 200 shares in the last quarter. Finally, CWM LLC bought a new stake in shares of Twilio during the first quarter worth about $39,000. 73.06% of the stock is owned by institutional investors.

About Twilio

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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