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“The street is just about done giving them a break about it,” said JJ Kinahan, chief market strategist at TD Ameritrade. “Twitter needs to now show results, that they can keep those people (bots and suspicious accounts) off the platform and that their enhanced security is working.”. Twitter also expects capital expenditure of between $550 million and $600 million in 2019, well above analysts’ average estimate of $415 million. Shares were down more than 10 percent at $30.56 in midday trading.
Expected total revenue for the first quarter of 2019 is between $715 million and $775 million for the first quarter of 2019, The midpoint of that range was below analysts’ average estimate of $765 million, according to IBES data from Refinitiv, Monthly active users totaled 321 million in the fourth quarter, in line with analysts’ forecasts but down from 330 million a year earlier and 326 million in the third quarter, But the number of monetizable daily active users - those able to be exposed to ads on a daily basis - rose to 126 million in the fourth quarter from 115 million a year ago and 124 million in the pewter district of columbia cufflinks previous quarter..
While directly comparing the number of daily active users with those of Twitter’s peers may be difficult as there is no industry standard on how social media platforms measure the metric, Snap Inc reported earlier this week that it had 186 million daily active users in the fourth quarter. Facebook had more than more than a billion in the same period. “Twitter’s pivot to mDAUs (monetizable daily active users)helps ad buyers better understand the potential reach for their advertising,” said Aaron Goldman, chief marketing officer at 4C Insights.
“As a platform for breaking news and live moments, many users are logging in on a daily basis, and Twitter is acknowledging this pattern by sharing metrics with ad buyers that will allow them to see the bigger picture as it relates to pewter district of columbia cufflinks users who are reachable by ads.”, Total advertising revenue surged 23 percent to $791 million in the fourth quarter, with more than half coming from video ads by corporate clients, Overall revenue in the fourth quarter rose to $909 million, handily beating analysts’ estimate of $868.2 million..
MILAN/DETROIT (Reuters) - Fiat Chrysler (FCA) shares fell 12 percent on Thursday after weaker-than-expected guidance for profits and industrial free cash flow this year raised doubts about the Italian-American carmaker’s longer-term targets. Chief Executive Mike Manley sought to persuade investors that the 2020 goals - set by late boss Sergio Marchionne - were still achievable, especially if the carmaker’s North American profit engine keeps spinning, new product launches lift margins and steps to fix weaknesses elsewhere pay off.
“I wouldn’t put 2020 out of the picture, It’s something that’s still very much there,” the 54-year-old Briton told analysts on a call, adding the pending launches of the new Jeep Gladiator and Ram heavy-duty pickup would help drive sales, But the comments did little to reassure investors who worry about FCA’s over-reliance on one region, its weak pewter district of columbia cufflinks performance in China and persistently low profitability in Europe, Weaker margins in North America in the last quarter compared with the previous three months also raised concerns, especially given stiff competition in the SUV and truck markets that are vital for FCA, and the fact U.S, demand is starting to slow..
“The U.S. market remains key for near term growth,” said Evercore ISI analyst Arndt Ellinghorst, adding he would be watching how the sales of higher-margin pickups and utility vehicles develop in the second part of 2019 and next year. Milan-listed FCA shares closed down 12.2 percent, their biggest daily drop since a profit warning on July 25, when the news of Marchionne’s death was also announced. Thursday’s share drop also weighed on U.S. rivals General Motors and Ford. FCA promised in June to deliver 2020 adjusted earnings before interest and tax (EBIT) - excluding the Magneti Marelli unit it has agreed to sell - of 9.2-10.4 billion euros.
On Thursday, the world’s seventh-largest carmaker said it expected 2019 adjusted pewter district of columbia cufflinks EBIT of more than 6.7 billion euros ($7.6 billion), That is below analysts’ average forecast of 7.3 billion euros and suggests little improvement on 2018, when FCA posted an adjusted EBIT on the same basis of 6.7 billion euros, Guidance for industrial free cash flow of more than 1.5 billion euros was also down from last year’s outcome, due to higher capital spending, fines and other costs related to its U.S, settlement for diesel emissions infringements..