Atlantic Tele-Network Earnings Preview
Atlantic Tele-Network (NAS: ATNI) will look to avoid missing estimates when its earnings are released. The company will unveil its latest earnings on Tuesday, August 2. Atlantic Tele-Network provides wireless and wireline telecommunication services in the Caribbean and North America through its subsidiaries.
What analysts say:
- Buy, sell, or hold?: Analysts generally think investors should hang on to Atlantic Tele-Network, with half rating the stock a hold. Analysts haven't adjusted their rating of Atlantic Tele-Network for the past three months.
- Revenue Forecasts: On average, analysts predict $185.1 million in revenue this quarter. That would represent a rise of 12.6% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.09 per share. Estimates range from $0.05 to $0.16.
What our community says:
CAPS All Stars are solidly backing the stock, with 98.9% assigning it an "outperform" rating. The community at large agrees with the All Stars, with 96.9% awarding it a rating of "outperform." Fools are gung-ho about Atlantic Tele-Network, though the message boards have been quiet lately with only 60 posts in the past 30 days. Even with a robust four out of five stars, Atlantic Tele-Network's CAPS rating falls a little short of the community's upbeat outlook.
Atlantic Tele-Network's profit has risen year over year by an average of 21.6%. The company's gross margin shrank by 7.2 percentage points in the last quarter. Revenue rose 244.1% while cost of sales rose 321.5% to $73.8 million from a year earlier.
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At the time this article was published
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