Zipcar Inc Fourth Quarter Earnings Sneak Peek

Zipcar Inc (NASDAQ:ZIP) will unveil its latest earnings on Tuesday, February 14, 2012. Zipcar operates a car sharing network for more than 560,000 members.

Zipcar Inc Earnings Preview Cheat Sheet

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: The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with profit of 2 cents per share against the mean estimate of one cent. In the prior quarter, the company reported net loss of 17 cents.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

Analyst Ratings: five out of six analysts surveyed (83.3%) have a buy rating on Zipcar.. This is below the mean analyst rating of four competitors, which average 100% buy ratings.

Key Stats:

Zipcar’s profit last quarter followed losses in the previous two quarters. The company reported a loss of $5.6 million in the second quarter and a loss of $6.1 million in the first quarter.

Stock Price Performance: During January 10, 2012 to February 8, 2012, the stock price had risen $1.54 (11.3%) from $13.63 to $15.17. The stock price saw one of its best stretches over the last year between July 6, 2011 and July 15, 2011 when shares rose for eight-straight days, rising 21% (+$4.28) over that span. It saw one of its worst periods between September 14, 2011 and September 22, 2011 when shares fell for seven-straight days, falling 19.7% (-$4.14) over that span.

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

Don’t Miss These Additional Hot Stories:

Investors Wake Up to the Return of Dividends

Do We Know If the Housing Market Has Hit Bottom?

Should Investors Reconsider Cash and Gold as Safe-Havens?

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