Twitter (TWTR) Misses Q3 EPS by 71c, Revenue In-Line Offers Q4 Guidance
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Twitter, Inc. (TWTR) PT Raised to $67 at Cowen
October 27, 2021 8:17 AM EDTCowen analyst John Blackledge raised the price target on Twitter, Inc. (NYSE: TWTR) to $67.00 (from $64.00) while maintaining a Market Perform rating.
The analyst commented, "TWTR 3Q21 rev was 1.5% below our forecast, though mostly in-line with consensus, while Adj Op Inc was... More
Twitter (TWTR) Reports Mixed Q3 Results, Shares Higher on Limited iOS Impact; Analysts Mostly Neutral
October 27, 2021 5:57 AM EDTShares of Twitter (NYSE: TWTR) are up over 2% in pre-open Wednesday after the company said the iOS impact was better than-feared.
The company reported an EPS loss of $0.54 to miss on the analyst estimates of $0.17. Revenue for the quarter came in at $1.28 billion, which is in line with the consensus.
Twitter reported average monetizable daily active usage (mDAU) at 211 million, which compares to 187 million a year-ago and 206 million in the previous quarter.
"I am proud of our third quarter results. We're improving personalization, facilitating conversation, delivering relevant news,... More
