NII Holdings (Nasdaq: NIHD ) is expected to report Q2 earnings on Aug. 7. 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 NII Holdings' revenues will wane -10.8% and EPS will wane -86.4%.
The average estimate for revenue is $1.56 billion. On the bottom line, the average EPS estimate is $0.09.
Last quarter, NII Holdings chalked up revenue of $1.63 billion. GAAP reported sales were 0.4% higher than the prior-year quarter's $1.62 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.06. GAAP EPS of $0.06 for Q1 were 89% lower than the prior-year quarter's $0.56 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 59.2%, 40 basis points worse than the prior-year quarter. Operating margin was 11.5%, 540 basis points worse than the prior-year quarter. Net margin was 0.7%, 530 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $6.51 billion. The average EPS estimate is $0.21.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 379 members out of 414 rating the stock outperform, and 35 members rating it underperform. Among 96 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 87 give NII Holdings a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NII Holdings is hold, with an average price target of $28.22.
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