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

Is This the Most Overlooked Critical Mineral? (+1000% Move) | Guy Bourassa – Scandium Canada

Is Gold Entering a New 15-Year Cycle? | Rob Husband

A 100,000 Ounce Per Year Gold Plan in Utah | Scott Trebilcock — Revival Gold

Recommended

Silver47 Launches 7,000-Meter Hughes Drill Program In Nevada

Advanced Gold Acquires Nevada Property With Historic Production At 1,611 g/t Silver

Related News

Lundin Gold: Analysts Drop Consensus Price Target After 2022 Guidance

On December 14th, Lundin Gold Inc. (TSX: LUG) announced its three year outlook. The company...

Monday, December 20, 2021, 10:07:00 AM

Ascend Wellness: Canaccord Initiates With US$15 Price Target

Canaccord Genuity is the first investment bank to initiate coverage on Ascend Wellness (CSE: AAWH.u)....

Tuesday, May 25, 2021, 03:12:00 PM

Suncor: BMO Reiterates Rating, Lowers Price Target To $28

Friday morning, BMO Capital Markets put out a note on Suncor Energy (TSX: SU), upgrading...

Saturday, October 3, 2020, 01:20:00 PM

“Twitter Will Not Take Yes For An Answer,” Says Elon Musk As He Attempts To Avoid Lawsuit

Twitter (NYSE: TWTR) and Elon Musk seemed to have yet again disagreed on the proposed...

Friday, October 7, 2022, 12:41:00 PM

Haywood Lifts Filo Mining’s Price Target After Strong Assay Results

On May 23, Filo Mining (TSX: FIL) reported its assay results from holes FSDH055C and...

Sunday, May 29, 2022, 03:05:00 PM