Leap Wireless International Inc. Fourth Quarter Earnings Sneak Peek

Leap Wireless International, Inc. (NASDAQ:LEAP) will unveil its latest earnings on Thursday, February 16, 2012. Leap Wireless International is a wireless communications carrier that offers digital wireless services in the United States under the Cricket brand.

Leap Wireless International, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of $1.13 per share, a narrower loss from the year-earlier quarter net loss of $1.48. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down. It has risen from a loss of $1.14 during the last month.

Past Earnings Performance: The company enters this earnings report having missed estimates the last four quarters. Last quarter, the company fell short of expectations by 10 cents, reporting a loss of of 90 cents per share against a mean estimate of net loss of 80 cents per share.

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Wall St. Revenue Expectations: Analysts predict a rise of 14.1% in revenue from the year-earlier quarter to $808 million.

Analyst Ratings: Analysts seem relatively indifferent about Leap Wireless International with 12 of 21 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, the company’s loss narrowed to a loss of $68.8 million (90 cents a share) from a loss of $536.3 million ($7.06) a year earlier, but missed analyst expectations. Revenue rose 26.6% to $763.3 million from $602.7 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 25.2%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 34.7% from the year earlier quarter.

Stock Price Performance: Between December 13, 2011 and February 10, 2012, the stock price had risen $1.05 (13.1%), from $8.04 to $9.09. The stock price saw one of its best stretches over the last year between October 28, 2011 and November 7, 2011, when shares rose for seven straight days, increasing 33.9% (+$2.32) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight straight days, dropping 26.2% (-$2.47) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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