Rand Logistics Earnings Preview: Can This Streak Finally End?
Rand Logistics (NASDAQ:RLOG) will report earnings before markets open on Wednesday, June 12th. Rand Logistics, Inc. offers marine shipping services. The Company transports freight between United States and Canadian ports on the Great Lakes.
Here is your Cheat Sheet to Rand Logistics Earnings:
Earnings Expectations: Analysts expect earnings of $-0.54 per share on revenues of $6.70 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 $0.23 to a profit $0.19. For the current year, the average estimate is a loss of $0.14, which is worse than the estimate ninety days ago.
Here’s how Rand Logistics has been performing on an annual basis:
|Revenue ($) in millions||134||108||118||148|
|Diluted EPS ($)||-0.70||0.06||-0.16||0.33|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||7.76||49.61||50.57||49.54|
|Diluted EPS ($)||-0.63||0.13||0.12||0.15|
Rand Logistics has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)