Twilio (TWLO) Releases Q4 2018 Earnings Guidance

Twilio (NYSE:TWLO) updated its fourth quarter 2018 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.03-0.04 for the period, compared to the Thomson Reuters consensus estimate of $0.02. The company issued revenue guidance of $183-185 million, compared to the consensus revenue estimate of $161.36 million.Twilio also updated its FY 2018 guidance to $0.10-0.11 EPS.

A number of brokerages have issued reports on TWLO. Monness Crespi & Hardt increased their price objective on shares of Twilio from $85.00 to $108.00 and gave the company a buy rating in a report on Wednesday, September 12th. JMP Securities increased their price objective on shares of Twilio from $76.00 to $86.00 and gave the company an outperform rating in a report on Tuesday, September 4th. DA Davidson began coverage on shares of Twilio in a report on Tuesday, October 2nd. They set a buy rating and a $99.00 price objective for the company. Mitsubishi UFJ Financial Group increased their price objective on shares of Twilio to $82.00 and gave the company an overweight rating in a report on Tuesday, August 14th. Finally, Bank of America increased their price objective on shares of Twilio from $63.00 to $75.00 and gave the company a buy rating in a report on Tuesday, August 7th. One analyst has rated the stock with a hold rating and twenty have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $76.55.

Shares of NYSE TWLO traded down $0.75 during midday trading on Tuesday, reaching $71.02. 5,547,706 shares of the stock traded hands, compared to its average volume of 2,486,600. The company has a debt-to-equity ratio of 0.98, a quick ratio of 7.20 and a current ratio of 7.20. The company has a market capitalization of $7.24 billion, a P/E ratio of -91.05 and a beta of 1.00. Twilio has a one year low of $23.25 and a one year high of $88.88.

Twilio (NYSE:TWLO) last posted its earnings results on Monday, August 6th. The technology company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.09. The firm had revenue of $147.80 million during the quarter, compared to the consensus estimate of $130.39 million. Twilio had a negative return on equity of 21.41% and a negative net margin of 18.29%. The company’s quarterly revenue was up 54.1% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.05) EPS. As a group, equities analysts predict that Twilio will post -0.77 EPS for the current fiscal year.

In other news, 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 transaction of $1,530,981.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Karyn Smith sold 3,521 shares of the stock in a transaction that occurred on Thursday, October 18th. The shares were sold at an average price of $71.67, for a total value of $252,350.07. The disclosure for this sale can be found here. Insiders have sold a total of 184,477 shares of company stock valued at $14,711,857 over the last quarter. Corporate insiders own 19.80% of the company’s stock.

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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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