S&P 500 (NYSE:SPY) component Motorola Mobility Holdings, Inc. (NYSE:MMI) will unveil its latest earnings on Thursday, July 28, 2011. Motorola Mobility Holdings, Inc. develops innovative technologies, products and services, including mobile and wireline technology, digital communication, information and entertainment experiences. Apple Inc. Earnings Cheat Sheet: Earnings Higher Than Expected>>
Motorola Mobility Holdings, Inc. Earnings Preview Cheat Sheet
During the past three months, the average estimate has moved down from breaking even. Between one and three months ago, the average estimate moved down, but has risen from a loss of 5 cents during the last month. For the year, analysts are projecting net income of 32 cents per share, a swing from a loss of 84 cents last year.
Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the first quarter, it reported net loss of 22 cents per share against a mean estimate of a loss of 26 cents per share. In the fourth quarter of the last fiscal year, it missed forecasts by 4 cents.
Analyst Ratings: Analysts are bullish on Motorola Mobility Holdings as 13 analysts rate it as a buy, four rate it as a sell and 12 rate it as a hold.
Competitors to Watch: Research In Motion Ltd. (NASDAQ:RIMM), Nokia Corporation (NYSE:NOK), Cisco Systems, Inc. (NASDAQ:CSCO), Motorola Solutions Inc (NYSE:MSI), Arris Group, Inc. (NASDAQ:ARRS), Harmonic Inc. (NASDAQ:HLIT), Cobra Electronics Corp. (NASDAQ:COBR), Blonder Tongue Labs, Inc. (AMEX:BDR), BigBand Networks, Inc. (NASDAQ:BBND), Apple Inc (NASDAQ:AAPL), and Wegener Corporation (WGNR).
Stock Price Performance: During July 18, 2011 to July 22, 2011, the stock price had risen $2.92 (13.5%) from $21.69 to $24.61. The stock price saw one of its best stretches over the last year between December 23, 2010 and January 4, 2011 when shares rose for eight-straight days, rising 15% (+$4.32) over that span. It saw one of its worst periods between April 6, 2011 and April 13, 2011 when shares fell for six-straight days, falling 5.5% (-$1.34) over that span. Shares are down $4.49 (-15.4%) year to date.
(Source: Xignite Financials)