Twitter (TWTR) closed the newest buying and selling day at $30.40, shifting +0.33% from the earlier
Twitter (TWTR) closed the newest buying and selling day at $30.40, shifting +0.33% from the earlier buying and selling session. This modification outpaced the S&P 500’s 0.01% achieve on the day. In the meantime, the Dow gained 0.01%, and the Nasdaq, a tech-heavy index, added 0.2%.
Previous to right this moment’s buying and selling, shares of the brief messaging service had gained 4.88% over the previous month. This has outpaced the Pc and Know-how sector’s achieve of two.57% and the S&P 500’s achieve of two.67% in that point.
TWTR might be seeking to show energy because it nears its subsequent earnings launch. On that day, TWTR is projected to report earnings of $0.28 per share, which might signify a year-over-year decline of 9.68%. In the meantime, our newest consensus estimate is looking for income of $997.35 million, up 9.74% from the prior-year quarter.
For the total yr, our Zacks Consensus Estimates are projecting earnings of $2.40 per share and income of $3.46 billion, which might signify modifications of +179.07% and +13.75%, respectively, from the prior yr.
…