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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Rand Logistics has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
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

Past Performance:
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)