Internap Network Services Earnings Preview: Get Ahead of the Analysts
Internap Network Services (NASDAQ:INAP) will report earnings after markets close on Thursday, July 25th. Internap Network Services Corporation provides centrally managed Internet connectivity services targeted at businesses seeking to maximize the performance of mission-critical Internet-based applications. The Company offers its Interconnectivity services at dedicated line speeds of 1.5 Megabits per second.
Here is your Cheat Sheet to Internap Network Services Earnings:
Earnings Expectations: Analysts expect earnings of $-0.01 per share on revenues of $70.11 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 profit of $0.01 to a loss $0.01. For the current year, the average estimate is a profit of $0.01, which is worse than the estimate ninety days ago.
Here’s how Internap Network Services has been performing on an annual basis:
|Revenue ($) in millions||254||256||244||245||274|
|Diluted EPS ($)||-2.13||-1.41||-0.07||-0.03||-0.09|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||68.69||68.13||69.75||69.70|
|Diluted EPS ($)||-0.04||-0.05||0.00||-0.03|
Internap Network Services 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)