Twitter Inc (NYSE:TWTR) will be reporting its first quarterly results since going public on February 5 after the market close. The microblogging company will also hold a conference call at 5:00PM EST on the same day. Morgan Stanley analysts expect the company to easily beat the fourth quarter Wall Street consensus because the expectations have been conservative.

Twitter Earnings Q4: What Wall Street Expects?

Analysts to focus on Twitter’s mobile advertising

Analysts polled by Thomson Reuters expect Twitter Inc (NYSE:TWTR) to report a non-GAAP loss of 2 cents per share with $217.7 million in revenues. RBC Capital Markets analyst Mark S. Mahaney expects non-GAAP losses of one cent per share on revenues of $235 million. The research firm appears to be more optimistic than the Wall Street consensus. Mahaney expects Twitter’s EBIDTA to come at $31 million in the fourth quarter.

As with any other social networking company, monetization ability and growth in the mobile space will remain the key focus in Twitter Inc (NYSE:TWTR)’s earnings. UBS analysts expect Twitter’s advertising revenue to rise 114% to $214 million in Q4. The company’s ad revenue had registered 123.5% during the third quarter of 2013. UBS is looking for mobile advertising revenue of $158 million.

Twitter’s presence on desktop weakens, but mobile strong

ComScore data showed that Twitter Inc (NYSE:TWTR) witnessed a 48% decline in total desktop page views and a 30% fall in total minutes spent during the first two months of Q4. Meanwhile, the number of unique mobile visitors in the U.S. jumped 20.4% and total minutes spent went up by 46%. UBS analyst Eric Sheridan says rising mobile engagement is a positive sign for Twitter. The research firm expects global monthly active users (MAUs) to rise 34% YoY to 249 million, and the timeline views to reach 167.4 billion. UBS says about 76% or 189.2 million monthly active users access the site through mobile devices.

Twitter Inc (NYSE:TWTR) recently purchased the mobile advertising exchange MoPub for $350 million. Analysts believe it will help the company achieve scale as smartphone penetration continues to grow.

Twitter Inc (NYSE:TWTR) shares were down 0.18% in pre-market trading Wednesday to $66.20.