Twitter Rallies Ahead Of Q1 Report

Twitter Inc. TWTR shares are trading higher by $0.47 at $17.56 in Tuesday's session. It will report Q1 earnings after the bell. Street estimates stand for EPS at $0.01 on revenues of $697.94M. It should be noted the company has never missed EPS in all its eights reports since becoming a public company in November. What is has been punished for is either a revue shortfall or less than expected growth in MAU's (monthly average users). After its last report, the made an all time low ($13.91) buy quickly rebound to $20 in less than a month. It sold off hard off that level and so far has spent the entire month of April between $15,83 and $17.98. It should be noted the upper boundary was reached earlier in today's session, after making two other attempots to clear the $18 hurdle. Besides the report, investors will anxuioulsy awatriting any new devleopmetns on how the company plans to capitalize on its massive traffic.