Boingo Wireless: Here’s What Investors Need to Know Before Earnings

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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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Boingo Wireless has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)

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