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Twitter (TWTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
On the face of it, Twitter (NYSE:TWTR) stock looked like a winner coming into the earnings -- up 20% for the year. But TWTR was still lagging similar companies like Snap (NYSE:SNAP) and Facebook ...
Despite opening higher, shares of Twitter (TWTR) sunk more than 5% in early morning trading Wednesday, shortly after the company released its first quarter fiscal 2018 earnings report.
During its quarterly earnings investor call on July 22, Twitter cited the "chaos" caused by the proposal as the primary factor for its decline in revenue. [118] In a letter to McCormick on July 26, Musk's lawyers complained that Twitter had hindered them from commencing the discovery process and requested an October 17 start date, [ 117 ] which ...
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Evan Clark "Ev" Williams (born March 31, 1972) is an American billionaire technology entrepreneur. [1] He is a co-founder of Twitter, and was its CEO from 2008 to 2010, and a member of its board from 2007 to 2019. [2]
The reported results were $0.35 per share above the consensus earnings estimate of $2.34 per share. A number of analysts had indicated in the days and weeks leading up to its earnings release that they expected the company to beat estimates and the Earnings Whisper (R) number was $2.70 per share.
Third-quarter earnings season is about 75% of the way through, and the results thus far have been mixed. Nearly 80% of all the companies that have reported have topped Q3 earnings expectations.