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Twitter to Report Results Tuesday; Users, Strategy to Be Detailed

July 2, 2023
in Trade Tube
Reading Time: 1 min read
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Investors should pay attention to what Twitter’s (TWTR) earning report reveals about the social media company’s monthly active users and monetization strategy, according to Scott Kessler, an equity analyst with S&P Capital IQ. Kessler expects to see significant revenue growth and a continued increase in earnings when Twitter reports results. But Kessler said investors might not hear any specifics about the future of Twitter’s leadership. ‘I think it’s pretty obvious at this point that interim CEO Jack Dorsey is not going to continue on a permanent basis for a variety of reasons, and we wouldn’t be surprised if someone either internal to the company or very familiar to Silicon Valley followers were to become CEO,’ said Kessler, who expects the new CEO to be named by the end of the year.

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