The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Clearwire's revenues will expand 9.2% and EPS will remain in the red.
The average estimate for revenue is $320.6 million. On the bottom line, the average EPS estimate is -$0.31.
Last quarter, Clearwire reported revenue of $322.6 million. GAAP reported sales were 36% higher than the prior-year quarter's $236.8 million.
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 -$0.40. GAAP EPS were -$0.44 for Q1 versus -$0.93 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 37.1%, 3,510 basis points better than the prior-year quarter. Operating margin was -86.1%, 10,940 basis points better than the prior-year quarter. Net margin was -56.4%, 3,940 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.28 billion. The average EPS estimate is -$1.41.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 573 members out of 683 rating the stock outperform, and 110 members rating it underperform. Among 123 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 89 give Clearwire a green thumbs-up, and 34 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Clearwire is hold, with an average price target of $3.10.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.