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Twilio Inc. (TWLO) Stock Moves -1.43%: What You Should Know

Twilio Inc. (TWLO) closed the most recent trading day at $212.17, moving -1.43% from the previous trading session. This change was narrower than the S&P 500's 2.59% loss on the day. Meanwhile, the Dow lost 2.72%, and the Nasdaq, a tech-heavy index, lost 2.19%.

Wall Street will be looking for positivity from TWLO as it approaches its next earnings report date. The company is expected to report EPS of -$0.09, down 400% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $367.57 million, up 33.64% from the year-ago period.

TWLO's full-year Zacks Consensus Estimates are calling for earnings of -$0.11 per share and revenue of $1.51 billion. These results would represent year-over-year changes of -168.75% and +33.44%, respectively.

Investors might also notice recent changes to analyst estimates for TWLO. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

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Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. TWLO is currently a Zacks Rank #3 (Hold).

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 47, which puts it in the top 19% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow TWLO in the coming trading sessions, be sure to utilize Zacks.com.


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