forbes expect not 27 cent lost for this quater.now 23 cent.must be a leak.i expect 10 to 13cent lost.
Analysts expect Skullcandy Inc (SKUL) to have a poor quarter and swing to a loss when it reports its first quarter earnings on Thursday, May 2, 2013. They are expecting Skullcandy to come in at a loss of 27 cents per share, a reversal from earnings of 5 cents per share a year ago.The consensus estimate has declined from 5 cents over the past three months. For the fiscal year, analysts are projecting earnings of 23 cents per share. A year after being $53.3 million, analysts expect revenue to fall 30% year-over-year to $37.3 million for the quarter. For the year, revenue is projected to roll in at $255.4 million.The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that period, revenue has grown by an average of 31.1%. The biggest boost came in the first quarter of the last fiscal year when revenue increased 47.9% year-over-year.The profit dip in the fourth quarter of the last fiscal year came after three consecutive quarters of rising profit. Profit dropped 7% year-over-year in the most recent quarter. Going further back, the figure rose more than sixfold in the third quarter of the last fiscal year, 59.9% in the second quarter of the last fiscal year and 3.5% in the first quarter of the last fiscal year.Analysts generally think investors should stand pat on Skullcandy, with five of 10 analysts rating it hold.