Orbitz Worldwide Earnings: Here’s Why Shares are Up Now

Orbitz Worldwide, Inc. (NYSE:OWW) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 5.13%.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Orbitz Worldwide, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $-0.1 in the quarter versus EPS of $-0.06 in the year-earlier quarter.

Revenue: Rose 6.91% to $202.9 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Orbitz Worldwide, Inc. reported adjusted EPS loss of $0.1 per share. By that measure, the company missed the mean analyst estimate of $-0.06. It beat the average revenue estimate of $198.09 million.

Quoting Management: There was no comment from the manangement.

Key Stats (on next page)…

Revenue increased 6.94% from $189.74 million in the previous quarter. EPS decreased to $-0.1 in the quarter versus EPS of $0.06 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.09 and has not changed. For the current year, the average estimate has moved up from a profit of $0.24 to a profit of $0.28 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)