Equities research analysts expect that Twilio Inc (NYSE:TWLO) will announce $312.07 million in sales for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Twilio’s earnings, with the highest sales estimate coming in at $314.00 million and the lowest estimate coming in at $309.81 million. Twilio reported sales of $204.30 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 52.8%. The business is expected to report its next quarterly earnings results on Tuesday, February 11th.

On average, analysts expect that Twilio will report full year sales of $1.12 billion for the current financial year, with estimates ranging from $1.11 billion to $1.13 billion. For the next financial year, analysts forecast that the company will post sales of $1.45 billion, with estimates ranging from $1.39 billion to $1.54 billion. Zacks Investment Research’s sales 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, October 30th. The technology company reported $0.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.02. The business had revenue of $295.00 million during the quarter, compared to analyst estimates of $287.96 million. Twilio had a negative net margin of 26.20% and a negative return on equity of 6.02%. The company’s revenue was up 74.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.07 earnings per share.

Several brokerages recently weighed in on TWLO. Royal Bank of Canada dropped their target price on shares of Twilio from $135.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Oppenheimer lowered their price objective on Twilio from $160.00 to $145.00 and set an “outperform” rating on the stock in a research report on Friday, October 11th. Rosenblatt Securities dropped their price objective on Twilio from $150.00 to $140.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Morgan Stanley upgraded Twilio from an “equal” rating to a “weight” rating and increased their target price for the stock from $130.00 to $135.00 in a research report on Thursday, September 19th. Finally, Bank of America decreased their target price on Twilio from $160.00 to $138.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. Twilio currently has an average rating of “Buy” and an average price target of $137.25.

In other Twilio news, CEO Jeff Lawson sold 35,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $112.00, for a total transaction of $3,920,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bessemer Venture Partners Vii sold 7,402 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $103.11, for a total value of $763,220.22. The disclosure for this sale can be found here. Insiders have sold a total of 212,125 shares of company stock valued at $22,453,002 in the last 90 days. 10.85% of the stock is currently owned by company insiders.

Several large investors have recently bought and sold shares of TWLO. Nisa Investment Advisors LLC raised its holdings in Twilio by 12.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,120 shares of the technology company’s stock valued at $153,000 after buying an additional 120 shares during the period. Daiwa Securities Group Inc. purchased a new position in shares of Twilio during the 2nd quarter worth about $597,000. Arizona State Retirement System bought a new position in Twilio during the 2nd quarter valued at about $4,143,000. Mn Services Vermogensbeheer B.V. bought a new position in Twilio during the 2nd quarter valued at about $7,949,000. Finally, Trustcore Financial Services LLC bought a new stake in Twilio in the second quarter worth about $63,000. 80.67% of the stock is owned by institutional investors and hedge funds.

Shares of TWLO stock traded up $1.00 on Tuesday, hitting $98.54. 1,903,716 shares of the stock traded hands, compared to its average volume of 3,211,148. The company has a debt-to-equity ratio of 0.14, a current ratio of 9.57 and a quick ratio of 9.57. Twilio has a 52 week low of $73.15 and a 52 week high of $151.00. The firm has a 50 day simple moving average of $100.93 and a two-hundred day simple moving average of $122.90. The firm has a market cap of $13.38 billion, a price-to-earnings ratio of -123.18 and a beta of 1.14.

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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