Brokerages Expect Twilio Inc. (TWLO) to Post -$0.06 EPS

Equities analysts expect Twilio Inc. (NYSE:TWLO) to post earnings of ($0.06) per share for the current quarter, according to Zacks Investment Research. Six analysts have provided estimates for Twilio’s earnings. The firm is scheduled to issue its next quarterly earnings report on Tuesday, February 6th.

On average, analysts expect that Twilio will report full year earnings of ($0.23) per share for the current fiscal year, with EPS estimates ranging from ($0.23) to ($0.21). For the next year, analysts expect that the company will post earnings of ($0.09) per share, with EPS estimates ranging from ($0.19) to $0.03. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Twilio.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Wednesday, November 8th. The technology company reported ($0.08) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.12. The company had revenue of $100.54 million for the quarter, compared to the consensus estimate of $92.50 million. Twilio had a negative net margin of 15.69% and a negative return on equity of 17.55%. Twilio’s revenue was up 40.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.04) earnings per share.

A number of research firms have weighed in on TWLO. Canaccord Genuity increased their price target on shares of Twilio from $32.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, August 8th. Drexel Hamilton reaffirmed a “buy” rating and set a $47.00 price target (up previously from $44.00) on shares of Twilio in a research note on Wednesday, August 9th. William Blair reaffirmed an “outperform” rating on shares of Twilio in a research note on Wednesday, September 27th. Northland Securities reaffirmed a “buy” rating and set a $36.00 price target on shares of Twilio in a research note on Friday, October 13th. Finally, J P Morgan Chase & Co increased their price objective on shares of Twilio from $33.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $36.78.

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In other Twilio news, CFO Lee Kirkpatrick sold 13,829 shares of the firm’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $30.85, for a total transaction of $426,624.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Karyn Smith sold 5,381 shares of the firm’s stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of $31.48, for a total transaction of $169,393.88. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 42,134 shares of company stock valued at $1,281,359.

Hedge funds have recently made changes to their positions in the business. Teachers Advisors LLC grew its holdings in Twilio by 708.2% during the 2nd quarter. Teachers Advisors LLC now owns 177,249 shares of the technology company’s stock worth $5,160,000 after acquiring an additional 155,319 shares in the last quarter. Marshall Wace North America L.P. acquired a new position in Twilio during the 2nd quarter worth $1,592,000. Raymond James Financial Services Advisors Inc. grew its holdings in Twilio by 53.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 23,287 shares of the technology company’s stock worth $678,000 after acquiring an additional 8,145 shares in the last quarter. Pier Capital LLC acquired a new position in Twilio during the 2nd quarter worth $5,829,000. Finally, Fox Run Management L.L.C. acquired a new position in Twilio during the 3rd quarter worth $436,000. 59.51% of the stock is owned by institutional investors.

Twilio (NYSE TWLO) opened at $26.07 on Tuesday. Twilio has a one year low of $22.80 and a one year high of $38.88.

About Twilio

Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).

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