It is foreseen that Twitter (NYSE:TWTR) files its latest quarterly earnings report on Friday, July 22, 2022. We take a look at everything investors need to know ahead of the report’s release.
Analysts estimate that Twitter will report earnings per share (BPA) of $0.14.
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The Twitter bulls are hoping the company has not only beaten estimates, but also provided a positive forecast, or said it sees growth, for the coming quarter.
New investors should keep in mind that sometimes what most affects a stock’s price is not earnings shortfalls, but the prediction (or forecast) for the future.
Past earnings performance
Last quarter, the company beat forecast EPS by $0.87, which was followed by a 0.18% drop in the stock price the next day.
Here’s a summary of Tesla’s past performance and resulting price changes:
| Quarter | 1T de 2022: | Q4 2021: | 3T de 2021: | 2T de 2021: |
|---|---|---|---|---|
| EPS estimate | 0,03 | 0,35 | 0,15 | 0,07 |
| BPA real | 0,90 | 0,33 | -0,54 | 0,20 |
| Change of price % | -0,18% | -3,34% | -10,78% | 3,05% |
Stock performance
Tesla shares were trading at $39.6 on July 20. Over the past 52 weeks, the stock is down 44.54%. Given that performance is generally positive, long-term shareholders are likely to be optimistic ahead of the earnings release.
This article has been generated by Benzinga’s automated content engine and reviewed by an editor.
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