Twitter Inc (TWTR) is a popular social media company that lets users create real-time “tweets” on a global platform. Known for its unique 140-character limit, Twitter makes it easy for anyone to quickly create, distribute, and discover content, and as a result, the platform has become a bustling hub of information.
Currently, Twitter has a Zacks Rank #3 (Hold) and is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
Twitter:
1. The company posted an EPS of -$0.15, beating the Zacks Consensus Estimate of -$0.25. (This figure excludes $0.05 from non-recurring items)
2. Twitter saw revenue figures of $569 million, beating our estimate of $561 million.
3. Monthly average users: 320 million. Many analysts were expecting 324 million.
4. This will be CEO Jack Dorsey’s first earnings conference call since he was appointed Twitter’s permanent chief executive earlier this month.
5. TWTR was up about 1.3% at the closing bell today. However, in after-hours trading, the stock fell $3.45, or 11.09%, as of 4:30 EST.
Here is a chart illustrating Twitter’s recent EPS performance vs. estimates:
Twitter Inc. (TWTR – Analyst Report) – Quarterly EPS | FindTheCompany
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