Twitter Inc (TWTR) First Post-IPO Earnings Release Set For Feb. 5th

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Twitter Inc (TWTR) First Post-IPO Earnings Release Set For Feb. 5th
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Twitter Inc (NYSE:TWTR) announced Tuesday that the microblogging company will release its fourth quarter and full year 2013 results on February 5 after the market closes. The company will also hold a conference call to discuss results at 5 p.m. ET same day. Twitter Inc (NYSE:TWTR) said that people can submit their questions via Twitter directly. Questions directed to @TwitterIR with the hashtag #TWTRearnings will be answered during the Q&A session of the call.

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Analysts cautious about Twitter

The company will hold a live webcast of the call. Twitter Inc (NYSE:TWTR) will also be distributing news through certain official accounts such as @twitter, @twitterIR and chief executive Dick Costolo’s account @dickc. Investors and analysts are keen to watch user growth metrics and future revenue generation possibilities. The results will also give a sneak peek into how its recent acquisition MoPub is doing.

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The stock has seen several downgrades over the past few weeks. They have questioned Twitter Inc (NYSE:TWTR)’s sky-high valuations and the company’s ability to generate profits in the long run. Twitter Inc (NYSE:TWTR) is still losing money. The San Francisco-based company has a video-sharing app Vine that allows users to create and share six-second videos on Android, Windows Phone and iOS. Experts say Twitter Inc (NYSE:TWTR) can monetize that opportunity as traditional TV ad dollars shift to Internet. But Morgan Stanley analysts believe that even after the shift, advertisers are more likely to spend money on bigger platforms such as Facebook Inc (NASDAQ:FB) and YouTube. Twitter Inc (NYSE:TWTR) has far less users/video viewers than them.

Twitter’s first female board member

The stock debuted at $26 on November 6, but shares rose to as high as $73 on December 26. But the stock has declined consistently over the past two weeks as more analysts began downgrading the stock. Twitter Inc (NYSE:TWTR) recently appointed the former CEO of Pearson Plc (NYSE:PSO) (LON:PSON), Marjorie Scardino as its first female board member.

Twitter Inc (NYSE:TWTR) shares tanked 3.50% in pre-market trading Wednesday to $59.26.

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1 COMMENT

  1. This message is for the uneducated investors buying TWTR at EXORBITANT inflated prices, and the
    warnings of these supposed expert analysts (see recent downgrades below – average
    price target = $40), may I borrow your shares so I can sell TWTR short? I promise to pay reasonable interest, so long
    as you allow me to cover my short a week AFTER their earnings announcement on
    January 30.

    Date Firm Type Rating Price Target

    1/6/2014 CRT Capital Downgrade Fairly Valued N/A

    1/6/2014 Morgan Stanley Downgrade Underweight 33

    12/27/2013 Macquarie Downgrade Underperform 46

    12/17/2013 Atlantic Equities Downgrade Neutral 50

    12/16/2013 Wells Fargo Downgrade Underperform 37.5

    12/16/2013 SunTrust
    Robinson Downgrade Neutral 50

    12/2/2013 BofA/Merrill Lynch New Coverage Underperform 36

    11/20/2013 Cantor Fitzgerald Downgrade Hold 32

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