- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Wall St. Revenue Expectations: On average, analysts predict $7.07 billion in revenue this quarter, a rise of 23.8% from the year-ago quarter. Analysts are forecasting total revenue of $27.07 billion for the year, a decline of 16.5% from last year’s revenue of $32.4 billion.
Analyst Ratings: With 11 analysts rating the stock as a buy, three rating it as a sell and eight rating it as a hold, there are indications of a bullish outlook.
On the top line, the company is hoping to use this earnings announcement to snap a string of four-straight quarters of revenue decreases. Revenue fell 26.3% in the fourth quarter of the last fiscal year, 10% in first quarter and 25.4% in the second quarter and then fell again in the third quarter.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.