Twitter Announces Third Quarter 2019 Results

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Go back to Twitter Announces Third Quarter 2019 Results

Twitter, Inc. (TWTR) PT Lowered to $34 at MKM Partners

October 24, 2019 4:42 PM EDT

MKM Partners analyst Rohit Kulkarni lowered the price target on Twitter, Inc. (NYSE: TWTR) to $34.00 (from $44.00) while maintaining a Neutral rating.

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Twitter (TWTR) Misses Q3 EPS by 3c, Q4 Guidance Misses

October 24, 2019 7:02 AM EDT

Twitter (NYSE: TWTR) reported Q3 EPS of $0.17, $0.03 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $824 million versus the consensus estimate of $873.91 million.

Average monetizable daily active usage (mDAU) was 145 million, compared to 124 million in the same period of the previous year and compared to 139 million in the previous quarter.Average US mDAU was 30 million, compared to 26 million in the same period of the previous year and compared to 29 million in the previous... More