iPass (NASDAQ:IPAS) will report earnings after markets close on Wednesday, May 8th. iPass Inc., through its software-enabled virtual network, provides secure access for mobile workers to corporate networks or the Internet. The Company’s iPass Corporate Access service enables secure, remote access to a company’s internal networks, through an easy-to-use interface, on a global basis.
Here is your Cheat Sheet to Ipass Earnings:
Earnings Expectations: Analysts expect earnings of $-0.04 per share on revenues of $30.00 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 $0.03 to a loss $0.01. For the current year, the average estimate is a loss of $0.01, which is worse than the estimate ninety days ago.
Here’s how Ipass has been performing on an annual basis:
|Revenue ($) in millions||191.37||171.38||156.08||140.76||126.08|
|Diluted EPS ($)||-1.50||-0.22||-0.05||-0.05||-0.07|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||34.44||33.29||32.24||30.82||29.72|
|Diluted EPS ($)||0.0056||-0.02||-0.01||-0.01||-0.0236|
Ipass has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)