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.

Analyst Trends:

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.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Widepoint has beat analyst estimates time in the past four quarters. This is not consistent enough to get bullish yet.

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