Internap Network Services (Nasdaq: INAP ) is expected to report Q1 earnings on April 25. 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 Internap Network Services's revenues will grow 3.9% and EPS will come to zero.
The average estimate for revenue is $69.6 million. On the bottom line, the average EPS estimate is $0.00.
Last quarter, Internap Network Services reported revenue of $69.7 million. GAAP reported sales were 11% higher than the prior-year quarter's $62.8 million.
Last quarter, non-GAAP EPS came in at $0.04. GAAP EPS shrank to zero from the prior-year quarter's $0.08.
For the preceding quarter, gross margin was 42.4%, 140 basis points worse than the prior-year quarter. Operating margin was 3.8%, 340 basis points better than the prior-year quarter. Net margin was 0.0%, 670 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $285.2 million. The average EPS estimate is $0.03.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 256 members out of 277 rating the stock outperform, and 21 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give Internap Network Services a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Internap Network Services is outperform, with an average price target of $8.38.
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