Twitter: Analysts Call For $1.31 Billion In Q2 Revenue

Twitter (NYSE: TWTR) will be reporting its second quarter financial results on July 22 before the market open. Analysts have a consensus $45.84 12-month price target on the company, via a total of 37 analysts, with one analyst having a strong buy rating.

Two analysts meanwhile have buy ratings, 32 have hold ratings, while two analysts have sell ratings on the stock. The street high comes from Evercore ISI with a $60 price target, and the lowest target sits at $30 from Wedbush Securities.

23 analysts have revenue estimates for the second quarter. The mean revenue estimate between all 23 analysts is $1.31 billion; this number has gone down from $1.42 billion at the start of the year. The highest revenue estimate is $1.43 billion, while the lowest is $1.22 billion.

Onto EBITDA estimates, there are currently 21 analysts who have second-quarter EBITDA estimates. The mean is currently $280.8 million, with this number coming down from $337.1 million at the start of the year. The street high estimate currently sits at $382 million in EBITDA and the lowest is $156 million.

Analysts estimate that quarterly earnings per share will come in at $0.14, with this number coming down since the start of the year. Street high is $0.20 and the lowest estimate is $0.03 per share for the quarter.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Steadright Expects To Receive Mining License For New Copper Valley Project Within The Next Month

Goliath Resources Hits 19.13 g/t Gold Over 6.10 Metres At Surebet In Final 2025 Gold Assays

Related News

Canaccord Expects Inflation To Negatively Impact Waterloo Brewing In Third Quarter

Waterloo Brewing Ltd. (TSX: WBR) is set to report its third quarter financial results on...

Wednesday, December 8, 2021, 03:39:00 PM

Tilray: Canaccord Lowers Target On Expected Adult-Use Sales Slump, Revised Hexo Deal

Earlier this week, Tilray Brands (TSX: TLRY) announced an update to their strategic alliance with...

Friday, June 17, 2022, 10:49:29 AM

Hycroft Mining: BMO Indicates Company Still Doesn’t Have Sufficient Capital For Mine Restart

On the evening of March 25, Hycroft Mining Holding Corporation (NASDAQ: HYMC) announced it had...

Thursday, March 31, 2022, 05:01:00 PM

Hive Blockchain: Canaccord Remains Positive On Outlook

On August 26th, Canaccord Genuity Capital Markets’ raised their 12-month price target on Hive Blockchain...

Monday, August 29, 2022, 02:22:00 PM

Rogers: “Minority Shareholders Need Closure Not Chaos”

Rogers Communications (TSX: RCI) continues to be the centre of attention within the Canadian markets,...

Sunday, October 31, 2021, 04:56:00 PM