Twilio (NYSE:TWLO) Releases Q4 2024 Earnings Guidance

Twilio (NYSE:TWLO) updated its fourth quarter 2024 earnings guidance on Wednesday. The company provided EPS guidance of 0.950-1.000 for the period, compared to the consensus EPS estimate of 0.870. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion. Twilio also updated its Q4 guidance to $0.95-1.00 EPS.

Twilio Trading Down 1.0 %

TWLO stock traded down $0.73 during mid-day trading on Wednesday, reaching $70.56. 3,316,430 shares of the stock traded hands, compared to its average volume of 2,605,503. The stock’s fifty day moving average is $64.65 and its 200-day moving average is $60.73. The company has a market cap of $12.08 billion, a P/E ratio of -17.60, a P/E/G ratio of 4.01 and a beta of 1.35. The company has a current ratio of 5.57, a quick ratio of 5.57 and a debt-to-equity ratio of 0.11. Twilio has a 52-week low of $49.86 and a 52-week high of $78.16.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, August 1st. The technology company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.17. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.06 billion. Twilio had a negative net margin of 14.02% and a negative return on equity of 0.22%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.23) EPS. As a group, sell-side analysts expect that Twilio will post 0.54 earnings per share for the current year.

Wall Street Analyst Weigh In

TWLO has been the topic of a number of research reports. Tigress Financial upped their target price on Twilio from $75.00 to $85.00 and gave the company a “buy” rating in a report on Friday, August 23rd. Sanford C. Bernstein upped their price objective on shares of Twilio from $68.00 to $70.00 and gave the company a “market perform” rating in a research note on Tuesday, August 27th. Piper Sandler restated an “overweight” rating and set a $83.00 price target (up from $77.00) on shares of Twilio in a report on Friday, August 2nd. JMP Securities reiterated a “market outperform” rating and set a $110.00 price objective on shares of Twilio in a report on Tuesday, October 8th. Finally, Barclays lowered their target price on Twilio from $70.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Monday, August 5th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $71.48.

Insider Activity at Twilio

In other Twilio news, insider Dana Wagner sold 4,512 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $70.00, for a total value of $315,840.00. Following the completion of the transaction, the insider now owns 146,803 shares of the company’s stock, valued at $10,276,210. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, insider Dana Wagner sold 4,512 shares of Twilio stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $70.00, for a total transaction of $315,840.00. Following the sale, the insider now directly owns 146,803 shares in the company, valued at approximately $10,276,210. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 1,961 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $60.69, for a total value of $119,013.09. Following the transaction, the chief financial officer now owns 186,501 shares of the company’s stock, valued at $11,318,745.69. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 51,906 shares of company stock worth $3,388,596 in the last ninety days. 4.50% of the stock is currently owned by insiders.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.