Leading micro-blogging site Twitter (NYSE:TWTR) is slated to report Q4 2015 earnings on 10 Feb 2016 after markets close. During its third quarter earnings call, Twitter said that it expects fourth-quarter revenue in the range of $695M-$710M, the mid-point of which represents 46.7% Y/Y growth. This is a pretty big slowdown from the third quarter when the company posted year-over-year revenue growth of 58%. Twitter said that it expects to report non-GAAP net income of $0.10 per share, with GAAP net income of -$0.20.

Stay Away From Twitter Stock Going Into Q4 Earnings

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Meanwhile, Wall Street expects Twitter to report revenue of $715.03M, with non-GAAP EPS of $0.12. It’s important to note that both projections by the Street are significantly higher than Twitter’s estimates.

Twitter has managed to exceed consensus earnings estimates in all four of the preceding four consecutive quarters.

Twitter Earnings Surprise History

Fiscal
Quarter End
Date
Reported
Earnings
Per Share
Consensus
EPS* Forecast
%
Surprise
Sep2015 10/27/2015 -0.15 -0.25 40 Jun2015 07/28/2015 -0.19 -0.24 20.83 Mar2015 04/28/2015 -0.2 -0.21 4.76 Dec2014 02/05/2015 -0.15 -0.21 28.57

Source: Nasdaq

Twitter stands a good chance of exceeding its own weak guidance, and even Wall Street estimates, when it reports its fourth quarter earnings. Even by hitting the mid-point of its revenue guidance, Twitter will have posted growth in the mid-40s percentage range. Though that’s still lower than the 97% growth it posted in Q4 2014, or the 57% growth in Q3 2015, it’s still healthy.

Investors will be more interested in seeing how Twitter’s advertising revenue will compare to Facebook’s. In its most recent earnings call, Facebook reported that its ad revenue grew 57%, to $5.6B, an improvement over the previous quarter when it grew 45%. Twitter posted an impressive ad revenue growth of 60% during Q3 2015, to $513M. Investors have become increasingly worried that Facebook (Nasdaq:FB) has grown its ad revenue at the expense of Twitter and LinkedIn (NYSE:LNKD). Facebook’s far superior MAUs (Monthly Active Users) of 1.5B+ places it at an advantage when competing for marketing dollars with a company like Twitter, with just 320M MAUs.

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