Towerstream Earnings Preview: Can This Streak Finally End?
Towerstream (NASDAQ:TWER) will report earnings after markets close on Thursday, May 9th. Towerstream Corporation offers wireless broadband Internet services to businesses. The Company operates in metropolitan areas in the United States.
Here is your Cheat Sheet to Towerstream Earnings:
Earnings Expectations: Analysts expect earnings of $-0.11 per share on revenues of $8.44 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 loss of $0.04 to a loss $0.1. For the current year, the average estimate is a loss of $0.41, which is worse than the estimate ninety days ago.
Here’s how Towerstream has been performing on an annual basis:
|Revenue ($) in millions||10.66||14.92||19.65||26.49||32.28|
|Diluted EPS ($)||-0.39||-0.25||-0.16||-0.15||-0.39|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||7.19||7.82||8.10||8.13||8.23|
|Diluted EPS ($)||-0.0389||-0.08||-0.09||-0.10||-0.1179|
Towerstream 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)