Widepoint Earnings Preview: Get Ahead of the Analysts
Widepoint (AMEX:WYY) will report earnings after markets close on Wednesday, August 14th. WidePoint Corp. provides technology solutions and services to the government sector and commercial markets in the U.S. The Company offers solutions for wireless expense management; cypersecurity; and other information technology consulting services. WidePoint’s cybersecurity solutions include identity assurance, credential issuance, and public key infrastructure technology.
Here is your Cheat Sheet to Widepoint Earnings:
Earnings Expectations: Analysts expect earnings of $-0.01 per share on revenues of $14.00 million. Currently, the company’s P/E ratio stands at 73.64.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.01 and has not changed. For the current year, the average estimate is a profit of $0.01, which is the same as the estimate ninety days ago.
Here’s how Widepoint has been performing on an annual basis:
|Revenue ($) in millions||35||43||51||41||56|
|Diluted EPS ($)||-0.02||0.02||0.10||0.00||0.01|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||12.51||15.21||14.36||11.97|
|Diluted EPS ($)||-0.01||0.00||0.01||0.00|
Widepoint has beat analyst estimates time in the past four quarters. This is not consistent enough to get bullish yet.
“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)