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.

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 $0.04 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.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)