Virgin Media Earnings Preview: Can This Streak Continue?

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Virgin Media (NASDAQ:VMED) will report earnings before markets open on Wednesday, April 24th. Virgin Media Inc. conducts operations in the United Kingdom (UK) broadband communications and media sector. The Company provides cable television, cable telephony, and Internet access to residential customers, as well as voice, data, and managed solutions services for businesses. Virgin Media Inc. also supplies basic television channels to the UK television broadcasting market.

Here is your Cheat Sheet to Virgin Media Earnings:

Earnings Expectations: Analysts expect earnings of $25.33 per share on revenues of $1.05 billion. Currently, the company’s P/E ratio stands at 3.48.

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 $44 to a profit $38.4. For the current year, the average estimate is a profit of $153.94, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Virgin Media has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 7,449 5,958 5,992 6,403 6,500
Diluted EPS ($) -4.04 -1.68 -0.69 0.38 13.70

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2004 Jun. 30, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012
Revenue ($) in millions 0.00 0.00 0.00 0.00 0.00
Diluted EPS ($)

Past Performance:
Virgin Media has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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

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