What To Expect From Twilio Inc. ($TWLO) 2Q20 Earnings

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Twilio Inc. (NYSE:TWLO) is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.09 per share.

For the full year, analysts predict revenues of $ 1521.19 million, while looking forward to loss of $ 0.09 per share.

The Company Outlook

Revenue for 2Q20 are expected in a range of $ 365.00 million ~ $ 370.00 million

Full Year 2020 topline are forecasted in a range of$ 1,475.00 million ~ $ 1,490.00 million, where as bottomline are predicted in a range of $ -0.20 ~ $ -0.14 per share

Click Here For More Historical Outlooks Of Twilio Inc.

Previous Quarter Performance

Twilio Inc. unwinded income for the first quarter of $ 0.06 per share, from the revenue of $ 364.87 million. The quarterly earnings increased 20.00 percent while revenues hiked 56.50 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.11 per share from $ 331.88 million in revenue. The bottom line results beat street analysts by $ 0.17 or 154.55 percent, at the same time, top line results outshined analysts by $ 32.99 million or 9.94 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Twilio Inc.

Stock Performance

According to the previous trading day, closing price of TWLO was $ 287.03, representing a 321.73 % increase from the 52 week low of $ 68.06 and a 0.62 % decrease over the 52 week high of $ 288.81.

The company has a market capital of $ 40.20 billion and is part of the Technology sector and Software – Application industry.

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Recent Analyst recommendations

  • On 10th July 2020, maintained by KeyBanc at Overweight rating, with $ 270.00 target price.
Conference Call

Twilio Inc. will be hosting a conference call at 5:00 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.twilio.com

Twilio Inc. provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The companys programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.