🔥Stock Prediction: How will Twitter close Friday 22/7 following their earnings?
Click to vote. Can you predict where Twitter will move following their earnings? If you get the right answers, you can get 20 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.$Twitter(TWTR)$Twitter announced that it will release its Q2, 2022 earnings report before the opening bell on Friday, July 22(nd).. Let's guess where Twitter will move following their earnings?
Twitter has been in the spotlight since Elon Musk announced his plans to buy the social media platform. However, he’s recently announced that the deal is a no-go, causing volatility to return to shares.
Elon Musk might not be Twitter Inc.’s biggest concern. Digital advertising is feeling the slowing economy, analysts say, and that could take a big bite out of already reeling Twitter, along with other ad-focused tech companies like Facebook, Google and Snap
“We’re trimming our estimates across the digital advertising landscape to account for slower GDP growth, more cautious outlooks from the advertising industry (slightly more cautious in most cases), and our own conversations with ad industry participants,” Stifel analyst Mark Kelly wrote in a note.
Twitter Q2 earnings consensus
- Wall Street forecasts Twitter will report a 12% year-on-year rise in revenue to $1.317 billion in the second quarter.
- EPS at the bottom-line is estimated to rise 14% from last year to $0.137.What are your insights about Twitter's financial reports?
💰Activity Details
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⏰Event Time
- The deadline for this event is 21:00 on 21st July, SGT
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Hope merican court finally say" enough of all the highprofile BS musk.. Time to do what you promised and buy the dam bird already"Or sumthing
Twitter just won the first hearing. Bullish on this if the deal with Musk go though. Since the price paid is much higher then current share price