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Why some have high hopes for Twitter's earnings

Twitter reports its quarterly earnings Tuesday afternoon, and the company may be in better shape than many social media investors might think, some analysts said.

"People talk about Twitter as kind of a no-growth company," said Scott Kessler, internet analyst at S&P Global Market Intelligence. But Kessler expects Twitter to report earnings of 10 cents per share in the first quarter, a figure that's in line with consensus estimates. That compares with earnings of 7 cents per share in the quarter a year earlier, Kessler said in an interview with CNBC.

Still, Kessler classifies Twitter shares as high risk.

"Our risk assessment reflects the company's nascent business model, somewhat unproven monetization efforts...