MetroPCS Communications 2Q Earnings Pregame Scorecard

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MetroPCS Communications (NYSE:PCS) missed analyst expectations last quarter, but will try to make up for it when it announces its latest results on Thursday.

Expectations

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Analysts currently expect MetroPCS Communications to come in with earnings of 21 cents per share on revenues of $1.26 billion. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 25 cents.

Stock Movement

The stock price has not been doing very well lately. It fell 78 cents per share between May 17, 2012 and June 26, 2012 to close at $5.59. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $1.53 (-19.3%), from $7.94 to $6.41.

Company Fundamental Trends

Stock Ratings

Analysts think investors should stand pat on MetroPCS Communications with 18 of 22 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 fell 62.7% to $21 million (6 cents a share) from $56.4 million (15 cents a share) the year earlier, missing analyst expectations. Revenue rose 6.9% to $1.28 billion from $1.19 billion.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012 before market open

EPS: 21 cents

Revenue Estimate: $1.26 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)