Renren Earnings: What Investors Should Watch

Renren (NYSE:RENN) will report earnings after markets close on Monday, May 13th. Renren, Inc. operates an Internet website. The Company operates a real-time social networking website that offers users the ability to communicate, share information and user-generated content, play online games, listen to music, shop for deals, and use other services.

Here is your Cheat Sheet to Renren Earnings:

Earnings Expectations: Analysts expect earnings of $-0.07 per share on revenues of $45.23 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 loss of $0.05 to a loss $0.06. For the current year, the average estimate is a loss of $0.21, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 46.68 76.54 117.97 176.09
Diluted EPS ($) -1.05 -0.93 0.15 -0.21

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Sep. 30, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 34.21 32.08 44.82 50.37 48.82
Diluted EPS ($) 0.00 -0.03 -0.06 -0.03 -0.06

Past Performance:
Renren has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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