In what was one of the more unusual events on Wall Street last week, Twitter’s (TWTR) Q1 earnings report was leaked before the closing bell. Ironically, the results were made public via a series of tweets from Selerity, a data science firm. The tweets revealed that Twitter missed revenue expectations by more than $20 million and also cut quarterly and annual guidance. Not surprisingly, Twitter’s stock price plummeted more than 20%.
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Stock Talk
If you’ve been following the market lately, there is no doubt that you have encountered the term “earnings season.” In this article I will explain what earnings season is, as well as dissect the important terms that accompany this time of year. Additionally, I will examine how analysts and investors react to financial information released during this period, and the way in which stock prices are influenced by these data.
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