Citi Comments on Twitter, Inc. (TWTR) Q2 2022 Results

Evercore ISI Comments on Twitter, Inc. (TWTR) Q2 2022 Results, 'intrinsically soft print'

July 22, 2022 11:08 AM EDT

Evercore ISI analyst Mark Mahaney reiterated an In Line rating and $54.20 price target on Twitter, Inc. (NYSE: TWTR).

The analyst comments "Overall, Twitters topline performance offered little surprises especially on the heels of Snaps earnings. On a reported basis, Twitters Ad Revenue grew 2% Y/Y in Q2,... More

Twitter, Inc. (TWTR) PT Raised to $42 at CFRA

July 22, 2022 10:07 AM EDT

CFRA raised its price target on Twitter, Inc. (NYSE: TWTR) to $42.00 (from $33.00) while maintaining a Hold rating.... More

Pre-Open Movers: Snap Down on Results, Lack of Guidance; Hospitals Tenet, HCA Jump

July 22, 2022 9:11 AM EDT

Pre-Open Stock Movers:

Snap (NYSE: SNAP) 33% LOWER; reported Q2 EPS of ($0.02), versus the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.15 billion. DAUs were 347 million in Q2 2022, an increase of 54 million, or 18%, year-over-year. Given uncertainties related to the operating environment, we are not providing our expectations for revenue or adjusted EBITDA for the third quarter of 2022.

Tenet Healthcare (NYSE: THC) 15% HIGHER; reported Q2 EPS of $1.50, $0.87... More

Twitter (TWTR) Stock Dips on Revenue and Users Miss

July 22, 2022 8:33 AM EDT

Shares of Twitter (NYSE: TWTR) are down more than 2% after the company missed expectations for revenue for the second quarter.

The company reported an adjusted loss per share of 8c, down from EPS of 20c in the year-ago quarter, and worse than the... More

Twitter blames Musk, weak ad market for drop in revenue

July 22, 2022 8:05 AM EDT

By Sheila Dang and Nivedita Balu

(Reuters) -Twitter Inc on Friday blamed its ongoing battle to close its $44-billion acquisition by Elon Musk and a weakening digital advertising market for a surprise fall in quarterly revenue and a net loss.

The results come as Twitter has sued Musk for dropping his offer to buy the company, and is now preparing for a legal showdown in a trial set to begin in October. The deal uncertainty has worried Twitter's advertisers and caused chaos inside the company.

Advertising revenue rose just 2% to $1.08 billion, missing Wall Street expectations of $1.22... More

Twitter (TWTR) Misses Q2 EPS by 23c, Average US mDAU was 41.5 million

July 22, 2022 8:01 AM EDT

(Updated - July 22, 2022 8:02 AM EDT)

Twitter (NYSE: TWTR) reported Q2 EPS of ($0.08), $0.23 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.33 billion.

Q2 average monetizable daily active usage (mDAU) was... More

After-Hours Movers: Snap Plunges on Weak Results and Lack of Guidance

July 21, 2022 6:05 PM EDT

After-Hours Stock Movers:

Snap (NYSE: SNAP) 26% LOWER; reported Q2 EPS of ($0.02), versus the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.15 billion. DAUs were 347 million in Q2 2022, an increase of 54 million, or 18%, year-over-year. Given uncertainties related to the operating environment, we are not providing our expectations for revenue or adjusted EBITDA for the third quarter of 2022.

Intuitive Surgical (NASDAQ:... More

Snap (SNAP) Shares Plunge 25% Following Weak Q2 Results, Lack of Guidance

July 21, 2022 5:08 PM EDT

Snap (NYSE: SNAP) shares plunged 25% after-hours following the companys weak second-quarter earnings results and lack of guidance. While EPS of ($0.02) came in better than the consensus estimate, the revenue of $1.11 billion (up 13% year-over-year) missed the consensus estimate of $1.15 billion. Q2 DAU (Daily Active Users) were... More

JPMorgan on Snap (SNAP): 'not giving Q3 guidance which is the focus point of this print', 'directionally negative for the digital ad names'

July 21, 2022 4:25 PM EDT

Analyst Jack Atherton comments "We are initiating coverage on shares of Riverview Acquisition Corp. (RVAC) with a Buy rating and a $15 price target. RVAC is a special purchase acquisition company (SPAC) which recently announced a merger agreement with Westrock Coffee Holdings. Westrock Coffee is a leading integrated coffee, tea,... More

Meta Platforms (META), Other Peers Trade Lower in Sympathy with Snap (SNAP)

July 21, 2022 4:14 PM EDT

(Updated - July 21, 2022 4:57 PM EDT)

Meta Platforms (NASDAQ: META) Trades Lower in Sympathy with Snap (NYSE: SNAP)

META -6%SNAP -20% Following ResultsAlphabet (NASDAQ: GOOGL) -3%Twitter (NYSE: TWTR) -1.7%Pinterest (NYSE: PINS) -7%... More

Twitter (TWTR) call put ratio 1.6 calls to 1 put amid flat IV into quarter results and outlook

July 21, 2022 3:08 PM EDT

Twitter (NYSE: TWTR) July weekly call option implied volatility is at 90, August is at 42; compared to its 52-week range of 21 to 88; into the expected release of quarter results before the bell on July 22.

... More

Twitter (TWTR) option IV below 52-week highs into quarter results and outlook

July 21, 2022 10:36 AM EDT

Twitter (NYSE: TWTR) July weekly call option implied volatility is at 77, August is at 43; compared to its 52-week range of 21 to 88; into the expected release of quarter results before the bell on July 22.

... More

Twitter (TWTR) July weekly 39.50 straddle priced into quarter results

July 21, 2022 5:57 AM EDT

Twitter (NYSE: TWTR) July weekly 39.50 straddle priced for a move of 5% into the expected release of quarter results before the bell on July 22.

... More