NII Holdings Earnings Preview: Can This Streak Finally End?

NII Holdings (NASDAQ:NIHD) will report earnings before markets open on Thursday, May 2nd. NII Holdings Inc., provides mobile communications for business customers in Latin America. The Company has operations in Argentina, Brazil, Chile, Mexico, and Peru, offering a fully integrated wireless communications tool with digital cellular service, text/numeric paging, wireless internet access, and Nextel DirectConnect, a digital two-way radio feature.

Here is your Cheat Sheet to Nii Holdings Earnings:

Earnings Expectations: Analysts expect earnings of $-0.67 per share on revenues of $1.46 billion.

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 loss of $0.38 to a loss $0.74. For the current year, the average estimate is a loss of $2.67, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Nii Holdings has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 4,269 4,395 5,606 6,735 6,086
Diluted EPS ($) 2.02 2.20 1.97 1.30 -4.46

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 ($) in millions 1,599 1,633 1,496 1,492 1,466
Diluted EPS ($) 0.0184 0.08 -0.60 -0.48 -3.454

Past Performance:
Nii Holdings has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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