Boingo Wireless: Here’s What Investors Need to Know Before Earnings
Boingo Wireless (NASDAQ:WIFI) will report earnings after markets close on Thursday, May 9th. Boingo Wireless, Inc. provides mobile Internet services. The Company’s solution includes software for Wi-Fi enabled devices, such as smart phones, laptops and tablet computers, and its back-end system infrastructure that detects and enables one-click access to its global Wi-Fi network.
Here is your Cheat Sheet to Boingo Wireless Earnings:
Earnings Expectations: Analysts expect earnings of $-0.03 per share on revenues of $22.14 million. Currently, the company’s P/E ratio stands at 31.10.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.07 to a loss $0. For the current year, the average estimate is a profit of $0.07, which is worse than the estimate ninety days ago.
Here’s how Boingo Wireless has been performing on an annual basis:
|Revenue ($) in millions||56.71||65.72||80.42||94.56||102.51|
|Diluted EPS ($)||-0.73||0.49||0.17||0.20|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||25.90||24.19||24.30||26.02||28.00|
|Diluted EPS ($)||0.0507||0.05||0.04||0.07||0.0375|
Boingo Wireless has beat analyst estimates 1 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)