Twilio (TWLO) to Release Earnings on Wednesday

Twilio (NYSE:TWLO) is set to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Twilio to post earnings of $0.87 per share for the quarter. Twilio has set its Q3 guidance at $0.81-0.86 EPS and its Q3 2024 guidance at 0.810-0.860 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, August 1st. The technology company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.17. Twilio had a negative return on equity of 0.22% and a negative net margin of 14.02%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the firm earned ($0.23) EPS. The business’s quarterly revenue was up 4.4% on a year-over-year basis. On average, analysts expect Twilio to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Twilio Trading Up 0.1 %

Shares of NYSE:TWLO opened at $70.64 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 5.57 and a quick ratio of 5.57. The firm has a market capitalization of $11.34 billion, a P/E ratio of -21.47, a P/E/G ratio of 4.03 and a beta of 1.35. The business’s 50-day moving average is $63.67 and its 200 day moving average is $60.40. Twilio has a 1 year low of $49.86 and a 1 year high of $78.16.

Insider Activity

In other news, CEO Khozema Shipchandler sold 11,073 shares of the stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $65.03, for a total transaction of $720,077.19. Following the transaction, the chief executive officer now owns 278,134 shares in the company, valued at $18,087,054.02. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CEO Khozema Shipchandler sold 11,073 shares of the firm’s stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $65.03, for a total value of $720,077.19. Following the transaction, the chief executive officer now directly owns 278,134 shares of the company’s stock, valued at approximately $18,087,054.02. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Dana Wagner sold 4,512 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $70.00, for a total value of $315,840.00. Following the sale, the insider now owns 146,803 shares of the company’s stock, valued at approximately $10,276,210. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 51,906 shares of company stock worth $3,388,596 over the last three months. 4.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

TWLO has been the subject of several research analyst reports. Oppenheimer increased their price objective on shares of Twilio from $65.00 to $85.00 and gave the company an “outperform” rating in a research report on Tuesday. StockNews.com upgraded shares of Twilio from a “hold” rating to a “buy” rating in a research note on Friday, September 13th. Tigress Financial lifted their price target on Twilio from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Wells Fargo & Company increased their price objective on Twilio from $60.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, August 2nd. Finally, JPMorgan Chase & Co. lifted their target price on Twilio from $76.00 to $78.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $71.00.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.