Dragonwave (NASDAQ:DRWI) will report earnings after markets close on Wednesday, May 8th. DragonWave Inc. provides wireless Ethernet equipment for use in IP networks. The Company designs, develops, and markets carrier-grade microwave radio frequency networking equipment that wirelessly transmit broadband voice, video, and other data.
Here is your Cheat Sheet to Dragonwave Earnings:
Earnings Expectations: Analysts expect earnings of $-0.32 per share on revenues of $31.83 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.19 to a loss $0.26. For the current year, the average estimate is a loss of $1.11, which is worse than the estimate ninety days ago.
Here’s how Dragonwave has been performing on an annual basis:
|Revenue ($) in millions||41.22||34.13||157.99||118.01||45.66|
|Diluted EPS ($)||-0.3571||-0.1654||0.85||0.05||-0.94|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Nov. 30, 2011||Feb. 29, 2012||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012|
|Revenue ($) in millions||11.83||9.15||12.97||44.16||38.45|
|Diluted EPS ($)||-0.23||-0.3759||-0.35||-0.03||-0.36|
Dragonwave has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)