NII Holdings (Nasdaq: NIHD) is expected to report Q1 earnings on May 2. 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 shrink -10.5% and EPS will shrink to a loss.

The average estimate for revenue is $1.46 billion. On the bottom line, the average EPS estimate is -$0.70.

Revenue details
Last quarter, NII Holdings reported revenue of $1.47 billion. GAAP reported sales were 8.4% lower than the prior-year quarter's $1.60 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$1.67. GAAP EPS were -$3.45 for Q4 against $0.02 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 55.9%, 390 basis points worse than the prior-year quarter. Operating margin was -4.3%, much worse than the prior-year quarter. Net margin was -40.5%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $5.78 billion. The average EPS estimate is -$2.79.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 379 members out of 411 rating the stock outperform, and 32 members rating it underperform. Among 98 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give NII Holdings a green thumbs-up, and seven 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 $9.42.

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