AOL 2Q Earnings Pregame Scorecard
Having exceeded expectations last quarter by 11 cents per share, AOL (NYSE:AOL) is scheduled to report again on Wednesday.
Expectations
Analysts currently expect AOL to come in with earnings of 10 cents per share on revenues of $518.6 million. Analyst estimates range from a loss per share to earnings per share. Over the past week, the average estimate has moved down from 15 cents.
Stock Movement
In terms of price changes, the stock's best recent streak was when it gained $1.69 per share between May 18, 2012 and May 23, 2012. Looking at change over the last three months, from April 23, 2012 and July 18, 2012, the stock price is up $2.92 (11.8%), from $24.75 to $27.67.
Company Fundamental Trends In terms of revenue, the company hopes that this earnings announcement will help it rebound from streak of four straight quarters of decreases. Revenue fell 7.2% over the second quarter of the last fiscal year, 5.6% in third quarter of the last fiscal year and 6% in the fourth quarter of the last fiscal year and continued to drop first quarter.
Stock Ratings
Analysts think investors should stand pat on AOL with six of 10 analysts rating it hold. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose more than fourfold to $21.1 million (22 cents a share) from $4.7 million (4 cents a share) the year earlier, exceeding analyst expectations. Revenue fell 4% to $529.4 million from $551.4 million.
Summary
Reporting Period: 2Q
Date of Release: Wednesday, July 25, 2012 before market open
EPS: 10 cents
Revenue Estimate: $518.6 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)