Twitter (TWTR) is set to report Q2 earnings tonight after the close with a conference call to follow at 5pm ET. 

Current Capital IQ consensus stands at EPS of $0.09 on Revenues of $607.4 mln.

Jack Dorsey marked one year at the helm this month but he hasn't been able to gain any traction with his initiatives. I guess being a part time CEO in two companies means you're not a CEO of two companies.

Part time CEO = Part time performance.

Last Quarter Q1- Stock was sitting on its 50-sma (17.28) at the time of the report but a top line miss and weaker Q2 guidance led to further selling pressure. The stock fell apart to $14.81 and eventually found support at the $14 area.


Monthly Active Users- Anemic growth in the MAU has been the primary headwind for TWTR. Q1 came in at 310 mln which was an increase of 3% y/y. It did mark the first sequential decline in users but it is worth noting that the co changed its accounting practices and no longer included SMS users. Market participants would like to see an increase in growth. A figure above315-320 mln would suggest a pick up in growth. Recent figures and growth include:

2015- Q1: 302 mln (+18% y/y); Q2: 304 mln (+12%); Q3: 307 mln (+8%); Q4: 305 mln (+6%)

Q1 Recap

  • TWTR reported Q1 (Mar) earnings of $0.15 per share, $0.05 better than the Capital IQ Consensus of $0.10. Revenues rose 36.5% year/year to $595 mln vs the $607.55 mln Capital IQ Consensus.
    • MAUs comes in at 310 mln, street expectations were for 308 mln


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