Twilio (NYSE:TWLO) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of ($0.06-0.07) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.05). The company issued revenue guidance of $115-117 million, compared to the consensus revenue estimate of $108.17 million.Twilio also updated its FY18 guidance to ($0.10-0.14) EPS.
A number of brokerages have commented on TWLO. JPMorgan Chase & Co. upped their price target on shares of Twilio from $40.00 to $42.00 and gave the company an overweight rating in a research report on Wednesday. Drexel Hamilton reiterated a buy rating and set a $47.00 price objective on shares of Twilio in a report on Thursday, December 28th. Canaccord Genuity reiterated a buy rating and set a $38.00 price objective on shares of Twilio in a report on Wednesday, December 6th. Zacks Investment Research upgraded shares of Twilio from a sell rating to a hold rating in a report on Saturday, February 10th. Finally, Robert W. Baird reiterated a buy rating and set a $37.00 price objective on shares of Twilio in a report on Friday, November 10th. One research analyst has rated the stock with a sell rating, four have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of $36.75.
Shares of Twilio (TWLO) opened at $30.72 on Thursday. Twilio has a 52-week low of $22.80 and a 52-week high of $34.74.
COPYRIGHT VIOLATION WARNING: This article was posted by Week Herald and is owned by of Week Herald. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The correct version of this article can be read at https://weekherald.com/2018/02/15/twilio-twlo-issues-q1-earnings-guidance.html.
Twilio Company Profile
Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).
Receive News & Ratings for Twilio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twilio and related companies with MarketBeat.com's FREE daily email newsletter.