Sonus Networks Inc. Fourth Quarter Earnings Sneak Peek

Sonus Networks, Inc. (NASDAQ:SONS) will unveil its latest earnings on Tuesday, February 21, 2012. Sonus Networks is a provider of voice infrastructure solutions for wireline and wireless service providers.

Sonus Networks, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of one cent per share, a decline of 75% from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month.

Past Earnings Performance: Last quarter, the company showed profit of one cent per share in the third quarter to fall in line with expectations, the company beat estimates by 3 cents in the second quarter. This comes after the company failed to meet analysts’ expectations in the previous two.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 13.1% in revenue from the year-earlier quarter to $72.1 million.

Analyst Ratings: Analysts seem relatively indifferent about Sonus Networks with three of five analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, the company swung to a profit of $1.9 million (one cent a share) from a loss of $22.3 million (8 cents) a year earlier, meeting analyst estimates. Revenue rose 55.3% to $66.4 million from $42.7 million.

Key Stats:

Sonus Networks’ profit last quarter followed losses in the previous two quarters. The company reported a loss of $5.9 million in the second quarter and a loss of $12.4 million in the first quarter.

Revenue rose in the third quarter after seeing a drop the quarter before. In the second quarter, revenue fell 15.4%.

Stock Price Performance: Between December 16, 2011 and February 15, 2012, the stock price had risen 28 cents (11.4%), from $2.45 to $2.73. It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six straight days, dropping 14.9% (-48 cents) over that span. The stock price saw one of its best stretches over the last year between November 23, 2011 and November 30, 2011, when shares rose for five straight days, increasing 18.6% (+41 cents) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com