TWTR - Embedded Expectations Analysis - 2019 06 14
Twitter, Inc. (TWTR:USA) currently trades above recent averages relative to UAFRS-based (Uniform) Earnings, with a 27.9x Uniform P/E. Even at these levels, markets have bearish expectations for the firm, and management has concerns about their mobile interface, advertisement services, and their ability to drive daily usage.Specifically, management may be concerned about the user interface of their mobile app, their ability to match user interests to live content, and the impact of privacy regulations. Moreover, they may be exaggerating their ability to deliver live content, the performance of advertisements on their platform, and the quality of their differentiated advertisement services. Finally, they may lack confidence in their ability to generate more conversation and drive daily usage on the platform, and may be downplaying concerns about the progress of their prototype app.
Twitter provides products and services for people, organizations, advertisers, developers and platform and data partners. The company's product, Twitter, is a global platform for public self-expression and conversation in real time. The company's mobile application, Periscope, lets anyone broadcast and watch video live with others. The company's products and services for advertisers include Promoted Products such as Promoted Tweets, Promoted Accounts, and Promoted Trends. The company's products for developers and data partners provide tools and public application programming interfaces to build applications and other products that utilize Twitter data and syndicate and distribute Twitter content across their properties.
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