Twitter Inc (TWTR)

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Brokers Offer Predictions for Twitter, Inc.'s Q1 2021 Earnings
By: MarketBeat | April 16, 2021

• Twitter, Inc. (NYSE:TWTR) - Investment analysts at Wedbush issued their Q1 2021 earnings per share (EPS) estimates for Twitter in a report released on Tuesday, April 13th. Wedbush analyst Y. Arounian anticipates that the social networking company will post earnings per share of ($0.02) for the quarter. Wedbush currently has a "Neutral" rating and a $75.00 target price on the stock. Wedbush also issued estimates for Twitter's Q2 2021 earnings at $0.01 EPS, Q3 2021 earnings at $0.06 EPS, Q4 2021 earnings at $0.26 EPS, FY2021 earnings at $0.30 EPS, FY2022 earnings at $0.65 EPS and FY2023 earnings at $0.96 EPS. Twitter (NYSE:TWTR) last posted its quarterly earnings data on Tuesday, February 9th. The social networking company reported $0.38 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.07. Twitter had a negative return on equity of 12.42% and a negative net margin of 31.70%. The firm had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same period in the previous year, the firm earned $0.25 EPS. The business's quarterly revenue was up 28.1% on a year-over-year basis.

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