Sina Corp Fourth Quarter Earnings Sneak Peek

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Sina Corporation (NASDAQ:SINA) will unveil its latest earnings on Monday, February 27, 2012. SINA is an online media company and mobile value-added information service provider in the People’s Republic of China and the global Chinese communities.

Sina Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 16 cents per share, a decline of 61% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved up. It has dropped from 17 cents during the last month. Analysts are projecting profit to rise by 52.6% versus last year to 72 cents.

Past Earnings Performance: Last quarter, the company topped expectations by one cent, coming in at net income of 17 cents per share versus a mean estimate of profit of 16 cents per share. This followed two straight quarters of missing estimates.

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Wall St. Revenue Expectations: Analysts predict a rise of 23.1% in revenue from the year-earlier quarter to $129.3 million.

Analyst Ratings: Analysts are bullish on this stock, with 12 analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

A Look Back: In the third quarter, the company swung to a loss of $336.3 million ($5.10 a share) from a profit of $31.3 million (48 cents) a year earlier, but beat analyst expectations. Revenue rose 20.4% to $130.3 million from $108.2 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 17.5%, with the biggest boost coming in the most recent quarter when revenue rose 20.4% from the year earlier quarter.

Sina reported a loss last quarter, snapping a two-quarter streak of profits. The company reported a profit of $10 million in the second quarter and profit of $15 million in the first quarter.

Stock Price Performance: Between December 21, 2011 and February 21, 2012, the stock price had risen $11.98 (23%), from $52.07 to $64.05. The stock price saw one of its best stretches over the last year between May 23, 2011 and June 2, 2011, when shares rose for eight straight days, increasing 14.8% (+$16.14) over that span. It saw one of its worst periods between June 2, 2011 and June 13, 2011 when shares fell for eight straight days, dropping 31.2% (-$39.03) over that span.

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

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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

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