Research In Motion (Nasdaq: RIMM ) is expected to report Q3 earnings on Dec. 20. 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 wither -48.1% and EPS will shrink to a loss.
The average estimate for revenue is $2.69 billion. On the bottom line, the average EPS estimate is -$0.34.
Last quarter, Research In Motion tallied revenue of $2.87 billion. GAAP reported sales were 31% lower than the prior-year quarter's $4.17 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 -$0.27. GAAP EPS were -$0.45 for Q2 compared to $0.63 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 28.4%, 1,030 basis points worse than the prior-year quarter. Operating margin was -7.9%, 1,770 basis points worse than the prior-year quarter. Net margin was -8.2%, 1,610 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $11.22 billion. The average EPS estimate is -$1.33.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 4,420 members out of 5,819 rating the stock outperform, and 1,399 members rating it underperform. Among 1,073 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 728 give Research In Motion a green thumbs-up, and 345 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Research In Motion is hold, with an average price target of $7.90.
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