Boingo Wireless (Nasdaq: WIFI ) is expected to report Q3 earnings on Nov. 8. 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 Boingo Wireless's revenues will grow 5.2% and EPS will decrease 0.0%.
The average estimate for revenue is $26.0 million. On the bottom line, the average EPS estimate is $0.05.
Last quarter, Boingo Wireless logged revenue of $24.3 million. GAAP reported sales were 5.9% higher than the prior-year quarter's $22.9 million.
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 $0.04. GAAP EPS of $0.04 for Q2 were 20% lower than the prior-year quarter's $0.05 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 44.8%, 200 basis points better than the prior-year quarter. Operating margin was 9.2%, 140 basis points worse than the prior-year quarter. Net margin was 6.0%, 150 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $107.9 million. The average EPS estimate is $0.23.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 75 members out of 81 rating the stock outperform, and six members rating it underperform. Among 15 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 13 give Boingo Wireless a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Boingo Wireless is outperform, with an average price target of $13.88.
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