Twilio Inc (NYSE:TWLO) Expected to Announce Earnings of -$0.09 Per Share

Equities research analysts expect Twilio Inc (NYSE:TWLO) to post earnings of ($0.09) per share for the current quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Twilio’s earnings, with the highest EPS estimate coming in at ($0.06) and the lowest estimate coming in at ($0.11). Twilio reported earnings per share of $0.03 in the same quarter last year, which suggests a negative year over year growth rate of 400%. The company is scheduled to report its next earnings results on Wednesday, July 29th.

According to Zacks, analysts expect that Twilio will report full-year earnings of ($0.11) per share for the current fiscal year, with EPS estimates ranging from ($0.21) to $0.02. For the next year, analysts anticipate that the company will report earnings of $0.14 per share, with EPS estimates ranging from $0.00 to $0.30. Zacks’ EPS averages are an average based on a survey of research analysts that follow Twilio.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $0.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.17. Twilio had a negative return on equity of 5.07% and a negative net margin of 28.85%. The firm had revenue of $364.87 million for the quarter, compared to analyst estimates of $327.59 million. During the same period last year, the company earned $0.05 EPS. The business’s quarterly revenue was up 56.5% compared to the same quarter last year.

Several equities research analysts recently weighed in on the company. Canaccord Genuity restated a “buy” rating and set a $215.00 price target on shares of Twilio in a research report on Friday, May 29th. Mizuho lifted their price target on Twilio from $125.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. JMP Securities lifted their price target on Twilio from $160.00 to $200.00 and gave the company a “market outperform” rating in a research report on Wednesday, May 20th. Bank of America restated a “buy” rating and set a $125.00 price target on shares of Twilio in a research report on Monday, May 4th. Finally, Morgan Stanley lifted their price objective on Twilio from $125.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $181.86.

In related news, Director Erika Rottenberg sold 4,467 shares of the company’s stock in a transaction on Friday, June 19th. The stock was sold at an average price of $215.21, for a total transaction of $961,343.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO George Hu sold 70,000 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $211.35, for a total value of $14,794,500.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 521,683 shares of company stock valued at $100,563,142. 6.68% of the stock is owned by company insiders.

A number of large investors have recently added to or reduced their stakes in the business. CSat Investment Advisory L.P. grew its holdings in Twilio by 6.5% during the first quarter. CSat Investment Advisory L.P. now owns 1,229 shares of the technology company’s stock valued at $110,000 after purchasing an additional 75 shares during the period. Chartwell Investment Partners LLC grew its holdings in Twilio by 3.7% during the first quarter. Chartwell Investment Partners LLC now owns 2,826 shares of the technology company’s stock valued at $253,000 after purchasing an additional 100 shares during the period. Shell Asset Management Co. grew its holdings in Twilio by 1.8% during the first quarter. Shell Asset Management Co. now owns 5,755 shares of the technology company’s stock valued at $515,000 after purchasing an additional 100 shares during the period. Meeder Asset Management Inc. grew its holdings in Twilio by 43.6% during the first quarter. Meeder Asset Management Inc. now owns 438 shares of the technology company’s stock valued at $39,000 after purchasing an additional 133 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in Twilio by 2.4% during the fourth quarter. Sunbelt Securities Inc. now owns 6,306 shares of the technology company’s stock valued at $620,000 after purchasing an additional 145 shares during the period. 86.82% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE TWLO traded down $10.56 during mid-day trading on Wednesday, hitting $210.59. 99,009 shares of the stock traded hands, compared to its average volume of 2,967,779. The company has a debt-to-equity ratio of 0.14, a quick ratio of 7.50 and a current ratio of 7.50. Twilio has a 52 week low of $68.06 and a 52 week high of $222.38. The company has a market cap of $30.97 billion, a price-to-earnings ratio of -78.12 and a beta of 1.64. The stock has a fifty day moving average price of $197.41 and a 200-day moving average price of $129.02.

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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