Twitter Falling As Pre-Earnings Analysis Cautious – Down 7% Late

Twitter Inc. (TWTR) is a late-Friday decliner, subject of a few closely followed, mostly negative investing blogs previewing the social media stock’s earnings due out next week.

Twitter will release its Q1 results on April 29. The stock is down roughly 30% since its last earnings release.

On Seeking Alpha, a contributor says: “Analyst expectations for a 3c loss have remained firm the last three months, so even breaking even would be a positive. Revenue expectations are above guidance, so $245 mln would be a surprise. Next quarter’s guidance is expected to show a $30 mln QoQ increase in revenue but the broad range of estimates suggests little conviction.”

A Forbes post, meanwhile, argues that monetization will improve but user growth still raises questions.

TWTR traded as low as $41.45 earlier Friday, moving in the lower end of its 52-week range of $38.80 to $74.73.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone