Twitter: Analysts Expect Consensus Revenue Of $1.02 Billion For Q1 2021

Twitter Inc (NYSE: TWTR) will be reporting its first quarter financial results on April 29th after market close. Analysts have a consensus $70.76 12-month price target on the company, via a total of 40 analysts, with four analysts having strong buy ratings. Seven analysts meanwhile have buy ratings, 25 have hold ratings and, four analysts have sell ratings on the company. The street high comes from MKM Partners with a $95 price target, and the lowest target sits at $29 from China Renaissance.

32 analysts have revenue estimates for the first quarter. The company provided guidance for first quarter revenue to be between $940 million and $1.04 billion. The mean revenue estimate between all 32 analysts is $1.027 billion; this number has been revised upwards from $957.36 million at the start of the year. The highest revenue estimate is $1.068 billion, while the lowest is $970 million.

The analyst consensus for net income for the first quarter is $113.82 million, this is flat with what analysts forecasted at the start of the year. The highest net income estimate is $171.48 million, while the lowest is $65 million.

Onto EBITDA estimates, there are currently 29 analysts who have first-quarter EBITDA estimates. The mean is currently $265.46 million, with this number having been revised down from $270 million at the start of the year. The street high estimate currently sits at $341.19 million in EBITDA and the lowest is $222 million.

Analysts estimate that quarterly earnings per share will come in at $0.14, with this number being slightly revised down from $0.15 at the start of the year. Street high is currently $0.21 and the lowest estimate is $0.08 per share for the quarter.

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

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