Zipcar Inc Third Quarter Earnings Sneak Peek

Zipcar Inc (NASDAQ:ZIP) will unveil its latest earnings on Wednesday, November 2, 2011. Zipcar operates a car sharing network for more than 560,000 members.

Zipcar Inc Earnings Preview Cheat Sheet

Wall St. Expectations: The average estimate is for a loss of one cent a share. During the past three months, the average estimate has moved up from a loss of 2 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at a loss of one cent during the last month.

Past Earnings Performance: Last quarter, the company came in at a loss of 17 cents per share against a mean estimate of net loss of 22 cents per share, beating estimates after missing them in the previous quarter. In the first quarter, it missed forecasts by 68 cents.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Analyst Ratings: four out of five analysts surveyed (80%) have a buy rating on Zipcar.. This is below the mean analyst rating of four competitors, which average 100% buy ratings.

Competitors to Watch: Hertz Global Hldgs., Inc. (NYSE:HTZ), Dollar Thrifty Automotive (NYSE:DTG), Avis Budget (NYSE:CAR), Ford (NYSE:F), Toyota (NYSE:TM) and General Motors (NYSE:GM).

Stock Price Performance: During August 3, 2011 to October 27, 2011, the stock price had fallen $3.57 (-15.5%) from $23.09 to $19.52. 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.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.