Zacks: Brokerages Anticipate Twilio Inc (TWLO) to Announce $0.04 Earnings Per Share

Equities analysts expect that Twilio Inc (NYSE:TWLO) will post earnings of $0.04 per share for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Twilio’s earnings, with estimates ranging from $0.02 to $0.10. Twilio reported earnings of ($0.03) per share in the same quarter last year, which would suggest a positive year over year growth rate of 233.3%. The business is scheduled to issue its next quarterly earnings report on Tuesday, February 12th.

On average, analysts expect that Twilio will report full year earnings of $0.10 per share for the current year, with EPS estimates ranging from $0.04 to $0.17. For the next fiscal year, analysts forecast that the company will report earnings of $0.16 per share, with EPS estimates ranging from $0.05 to $0.37. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow Twilio.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Tuesday, November 6th. The technology company reported ($0.15) EPS for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.04. The firm had revenue of $168.90 million during the quarter, compared to the consensus estimate of $151.62 million. Twilio had a negative return on equity of 19.56% and a negative net margin of 16.70%. Twilio’s revenue for the quarter was up 68.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.08) earnings per share.

A number of research analysts recently commented on the company. JPMorgan Chase & Co. increased their price target on Twilio to $84.00 and gave the company an “overweight” rating in a report on Wednesday. Piper Jaffray Companies reissued a “buy” rating and issued a $85.00 price target on shares of Twilio in a report on Tuesday, August 7th. Mitsubishi UFJ Financial Group increased their price target on Twilio to $82.00 and gave the company an “overweight” rating in a report on Tuesday, August 14th. Argus increased their price target on Twilio from $90.00 to $110.00 and gave the company a “buy” rating in a report on Thursday. Finally, Bank of America increased their price target on Twilio from $63.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, August 7th. One investment analyst has rated the stock with a hold rating and twenty have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $81.22.

Shares of TWLO opened at $92.23 on Wednesday. The stock has a market capitalization of $9.37 billion, a P/E ratio of -118.24 and a beta of 1.00. Twilio has a one year low of $23.25 and a one year high of $98.89. The company has a quick ratio of 7.20, a current ratio of 7.20 and a debt-to-equity ratio of 0.98.

In other Twilio news, COO George Hu sold 5,000 shares of the stock in a transaction that occurred on Friday, September 28th. The stock was sold at an average price of $86.75, for a total transaction of $433,750.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Lee Kirkpatrick sold 17,636 shares of the stock in a transaction that occurred on Monday, September 17th. The stock was sold at an average price of $86.81, for a total value of $1,530,981.16. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 184,477 shares of company stock worth $14,711,857. 19.80% of the stock is currently owned by company insiders.

Institutional investors have recently made changes to their positions in the company. Synovus Financial Corp acquired a new stake in shares of Twilio during the 3rd quarter worth approximately $129,000. Patton Albertson Miller Group LLC acquired a new stake in shares of Twilio during the 3rd quarter worth approximately $115,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Twilio during the 2nd quarter worth approximately $112,000. BKS Advisors LLC acquired a new stake in shares of Twilio during the 3rd quarter worth approximately $208,000. Finally, DekaBank Deutsche Girozentrale raised its position in shares of Twilio by 154.5% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 2,672 shares of the technology company’s stock worth $214,000 after purchasing an additional 1,622 shares during the period. Institutional investors and hedge funds own 57.29% of the company’s stock.

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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