Will Research In Motion Beat These Analyst Estimates?
Research In Motion (NAS: RIMM) is expected to report Q2 earnings on Sep. 27. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Research In Motion's revenues will contract -40.1% and EPS will shrink to a loss.
The average estimate for revenue is $2.50 billion. On the bottom line, the average EPS estimate is -$0.47.
Last quarter, Research In Motion logged revenue of $2.81 billion. GAAP reported sales were 43% lower than the prior-year quarter's $4.91 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.37. GAAP EPS were -$0.99 for Q1 against $1.33 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 28.0%, 1,590 basis points worse than the prior-year quarter. Operating margin was -10.9%, 2,920 basis points worse than the prior-year quarter. Net margin was -18.4%, 3,260 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $10.19 billion. The average EPS estimate is -$1.52.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 4,423 members out of 5,796 rating the stock outperform, and 1,373 members rating it underperform. Among 1,065 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 742 give Research In Motion a green thumbs-up, and 323 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Research In Motion is underperform, with an average price target of $12.52.
Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does Research In Motion fit in anymore? Check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Research In Motion to My Watchlist.
The article Will Research In Motion Beat These Analyst Estimates? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.