Renren Earnings: Your Sneak Peek to the Big Announcement

Renren (NYSE:RENN) will report earnings after markets close on Wednesday, August 14th. 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 $55.08 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 $0.18, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2010 2011 2012
Revenue ($) in millions 77 118 176
Diluted EPS ($) -0.94 0.14 -0.20

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

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 44.82 44.82 48.82 46.59
Diluted EPS ($) -0.06 -0.06 -0.06 -0.01

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

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

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

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