Sierra Wireless (NASDAQ: SWIR) announces its next round of earnings this Wednesday, July 31. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Analysts expect Sierra Wireless earnings of 5 cents per share. Revenue will likely be around $191.95 million, according to the consensus estimate.
In the same quarter last year, Sierra Wireless posted EPS of 27 cents on sales of $201.90 million. The Wall Street estimate would represent a 81.48% decline in the company's earnings. Sales would be down 4.93% from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q1 2019||Q4 2018||Q3 2018||Q2 2018|
Over the last 52-week period, shares are down 28.11%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating by analysts on Sierra Wireless stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Sierra Wireless is scheduled to hold a conference call at 5:30 p.m. ET and it can be accessed here.
See more from Benzinga
© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.