Twitter Posts Second Quarterly Profit in a Row, Beats Estimates

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A year earlier the San Francisco company lost $61.6 million, or 9 cents per share. Janney Montgomery Scott Limited Liability Corporation holds 246,583 shares or 0.06% of its portfolio. 711,689 are owned by Bnp Paribas Arbitrage Sa. Texas-based Frontier Investment Management has invested 0.02% in Twitter, Inc. Mitsubishi Ufj Trust And Bk holds 0.05% of its portfolio in Twitter, Inc. Alps Inc holds 0% or 13,803 shs in its capital. Telemus Ltd Liability Corp stated it has 0.02% of its portfolio in Twitter, Inc. (NYSE:TWTR). 84,000 were reported by Bp Public Ltd. Firsthand Management Incorporated invested in 1.41% or 80,000 shs. Loring Wolcott & Coolidge Fiduciary Advisors Limited Liability Partnership Ma reported 341 shs or 0% of all its holdings.

Twitter (NYSE:TWTR) last announced its earnings results on Thursday, February 8th.

Removing certain items, earnings were 16 cents per share. That's up 120.00 % from last year's $-0.05 earnings per share.

Twitter Inc. (NYSE: TWTR) is scheduled to release its first-quarter financial results before the markets open on Wednesday.

Shares of NYSE:TWTR traded down $0.75 during trading hours on Monday, hitting $30.47. Since April 24, 2017 TWTR has risen 87.26% and is uptrending. It has outperformed by 75.71% the S&P500.

"Large-scale global events and news like the Olympics and US political events should benefit user trends, while product enhancements and video engagement should further enhance monetization on TWTR", Anthony DiClemente, an analyst at Evercore ISI Research, said in a note today.

A total of 28 analysts rate Twitter (NYSE:TWTR) as follows: 7 "Buy", 15 "Hold" and 6 "Sell". 25% are bullish. 48 are the (NYSE:TWTR)'s analyst reports since October 25, 2017 according to StockzIntelligence Inc. On Friday, February 9 RBC Capital Markets upgraded Twitter, Inc. In Friday, February 9 report Citigroup maintained the stock with "Neutral" rating. The Missouri-based Stifel has invested 0.04% in Twitter, Inc. In Thursday, February 8 report Pivotal Research downgraded the stock to "Sell" rating. On Friday, February 9 the rating was maintained by Susquehanna with "Hold". (NYSE:TWTR). Asset Management One holds 960,318 shares. Carroll Fin Associate has 0% invested in Twitter, Inc. (NYSE:TWTR) has "Hold" rating given by BMO Capital Markets. The firm has a market capitalization of $23,961.37, a PE ratio of 507.83, a price-to-earnings-growth ratio of 8.67 and a beta of 0.86.

Much of the revenue growth came from Twitter's global markets, which are now on the cusp of overtaking Twitter's U.S.ad revenue. It also provides promoted services and products, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services.

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