The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Sprint Nextel's revenues will increase 5.1% and EPS will remain in the red.
The average estimate for revenue is $8.73 billion. On the bottom line, the average EPS estimate is -$0.38.
Last quarter, Sprint Nextel logged revenue of $8.73 billion. GAAP reported sales were 5.1% higher than the prior-year quarter's $8.31 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 -$0.35. GAAP EPS were -$0.29 for Q1 against -$0.15 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 41.8%, 530 basis points worse than the prior-year quarter. Operating margin was 1.0%, 210 basis points worse than the prior-year quarter. Net margin was -9.9%, 460 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $35.15 billion. The average EPS estimate is -$1.45.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 2,001 members out of 2,464 rating the stock outperform, and 463 members rating it underperform. Among 405 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 301 give Sprint Nextel a green thumbs-up, and 104 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sprint Nextel is hold, with an average price target of $3.40.
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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.