MetroPCS Communications Inc. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component MetroPCS Communications, Inc. (NYSE:PCS) will unveil its latest earnings on Thursday, April 26, 2012. MetroPCS Communications is a wireless communications carrier that offers broadband mobile services in the United States.

MetroPCS Communications, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 17 cents per share, a rise of 6.3% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved up. It has dropped from 18 cents during the last month. Analysts are projecting profit to rise by 3.6% versus last year to 87 cents.

Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the fourth quarter of the last fiscal year, the company reported profit of 25 cents per share versus a mean estimate of net income of 16 cents per share. In the third quarter of the last fiscal year, the company missed estimates by 4 cents.

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Wall St. Revenue Expectations: Analysts predict a rise of 8.4% in revenue from the year-earlier quarter to $1.29 billion.

Analyst Ratings: Analysts seem relatively indifferent about MetroPCS Communications with 12 of 23 analysts surveyed maintaining a hold rating.

A Look Back: In the fourth quarter of the last fiscal year, profit rose more than sixfold to $91.3 million (25 cents a share) from $13.6 million (4 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 16.2% to $1.24 billion from $1.07 billion.

Key Stats:

Entering this announcement, the company has experienced double-digit year-over-year percentage revenue growth for the past four quarters with an average increase of 19.2% each quarter.

Stock Price Performance: Between February 23, 2012 and April 20, 2012, the stock price had fallen $3.66 (-31.3%), from $11.70 to $8.04. The stock price saw one of its best stretches over the last year between February 7, 2012 and February 16, 2012, when shares rose for eight straight days, increasing 8.4% (+80 cents) 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 14.6% (-$1.28) over that span.

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

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