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.
Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does Research In Motion fit in anymore? Check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.