Vonage Holdings Earnings Preview: Can This Streak Continue?
Vonage Holdings (NYSE:VG) will report earnings before markets open on Wednesday, May 1st. Vonage Holdings Corporation provides telecommunications services. The Company offers technology that uses customers existing high-speed Internet connection to make and receive phone calls worldwide with a touch-tone telephone.
Here is your Cheat Sheet to Vonage Holdings Earnings:
Earnings Expectations: Analysts expect earnings of $0.07 per share on revenues of $222.38 million. Currently, the company’s P/E ratio stands at 19.19.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.06 to a profit $0.07. For the current year, the average estimate is a profit of $0.27, which is better than the estimate ninety days ago.
Here’s how Vonage Holdings has been performing on an annual basis:
|Revenue ($) in millions||900.12||889.08||885.04||870.32||849.11|
|Diluted EPS ($)||-0.41||-0.25||-0.40||1.69||0.16|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||215.69||215.90||211.92||207.58||213.71|
|Diluted EPS ($)||1.458||0.06||-0.01||0.06||0.0559|
Vonage Holdings 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)