Dragonwave Earnings: What Investors Should Watch
Dragonwave (NASDAQ:DRWI) will report earnings after markets close on Wednesday, July 10th. 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 $-0.31 per share on revenues of $29.92 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 $0.24. For the current year, the average estimate is a loss of $0.9, which is worse than the estimate ninety days ago.
Here’s how Dragonwave has been performing on an annual basis:
|Revenue ($) in millions||40||155||118||46||124|
|Diluted EPS ($)||-0.18||0.88||0.05||-0.94||-1.46|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012||Feb. 28, 2013|
|Revenue ($) in millions||12.97||44.16||38.45||28.29|
|Diluted EPS ($)||-0.35||-0.03||-0.36||-0.71|
Dragonwave has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)