NEW YORK (TheStreet) -- Tonight, Twitter (TWTR) will report its first quarterly earnings results since going public in November 2013. TheStreet's Gregg Greenberg said analysts are looking for Twitter to report a loss of 2 cents per share for the fourth quarter on revenue of $218 million.
In the same period last year, the company had revenue of $112 million, meaning analysts are expecting revenue to more than double, Greenberg said.
Investors are putting a lot of emphasis on this earnings report, he added. Since pricing at $26 for the initial public offering, shares of Twitter have quickly raced higher, currently trading around $66. Investors will also expect growth because Facebook (FB) recently posted better-than-expected results.
Greenberg said investors will likely be focused on Twitter's monthly active users metric. In the third quarter of 2013, Twitter had 232 million monthly active users and investors will expect that number to have grown in the fourth quarter.-- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell