NII Holdings (Nasdaq: NIHD ) is expected to report Q3 earnings on Nov. 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's revenues will wane -15.1% and EPS will remain in the red.
The average estimate for revenue is $1.49 billion. On the bottom line, the average EPS estimate is -$0.24.
Last quarter, NII Holdings notched revenue of $1.50 billion. GAAP reported sales were 15% lower than the prior-year quarter's $1.75 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 -$0.60. GAAP EPS were -$0.60 for Q2 versus $0.71 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 56.2%, 640 basis points worse than the prior-year quarter. Operating margin was 2.6%, 1,510 basis points worse than the prior-year quarter. Net margin was -6.9%, 1,390 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $6.13 billion. The average EPS estimate is -$0.90.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 377 members out of 412 rating the stock outperform, and 35 members rating it underperform. Among 104 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 94 give NII Holdings a green thumbs-up, and 10 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 $20.35.