Analyst Ratings: There are mostly holds on the stock with 11 of 21 analysts surveyed giving that rating.
Wall St. Revenue Expectations: Analysts are projecting a decline of 0.7% in revenue from the year-earlier quarter to $1.35 billion.
Key Stats:
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 67% in the fourth quarter of the last fiscal year, 21.7% in first quarter and 19.6% 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)
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