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Twilio (TWLO) Outpaces Stock Market Gains: What You Should Know

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Twilio (TWLO) closed the most recent trading day at $85.60, moving +1.45% from the previous trading session. This move outpaced the S&P 500’s daily gain of 1.21%. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.14%.

Coming into today, shares of the company had lost 5.83% in the past month. In that same time, the Computer and Technology sector gained 2.22%, while the S&P 500 gained 3.2%.

Twilio will be looking to display strength as it nears its next earnings release, which is expected to be August 4, 2022. The company is expected to report EPS of -$0.20, down 81.82% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $917.68 million, up 37.19% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.40 per share and revenue of $3.82 billion. These totals would mark changes of -60% and +34.45%, respectively, from last year.

Any recent changes to analyst estimates for Twilio should also be noted by investors. 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.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

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. Within the past 30 days, our consensus EPS projection has moved 0.29% lower. Twilio 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 153, which puts it in the bottom 40% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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