Zipcar, Inc. Quarterly Earnings Sneak Peek
Zipcar, Inc. (NASDAQ:ZIP) will unveil its latest earnings on Wednesday, August 3, 2011. Zipcar, Inc. operates car sharing network. It provides the freedom of ‘wheels when you want them’ to over 560,000 Zipsters. Ford Motor Company Earnings Cheat Sheet: Booking a Profit Again>>
Zipcar, Inc. Earnings Preview Cheat Sheet
The average estimate of analysts is for a loss of 26 cents per share. During the past three months, the average estimate has moved down from a loss of 10 cents. Between one and three months ago, the average estimate moved down, but has risen from a loss of 23 cents during the last month.
Past Earnings Performance: The company missed estimates last quarter by reporting a loss of 95 cents per share against a mean estimate of net loss of 27 cents per share.
Analyst Ratings: Analysts are bullish on this stock with four analysts rating it as a buy, none rating it as a sell and one rating it as a hold.
Stock Price Performance: During June 29, 2011 to July 28, 2011, the stock price had risen $1.98 (9.4%) from $21.04 to $23.02. 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 June 2, 2011 and June 9, 2011 when shares fell for six-straight days, falling 17.5% (-$4.10) over that span.
(Source: Xignite Financials)