Virgin Media Earnings Preview: Analysts Expect Flat EPS, Rising Revenue
Virgin Media (NASDAQ: VMED) releases its next round of earnings this Thursday, October 27, 2011. Here's Benzinga's essential guide to Virgin Media's third quarter earnings report.
Earnings and Revenue:
Wall Street expects an EPS of 15 cents/share and revenues of $1.01 billion. Virgin Media's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 15 cents/share on revenues of $962.7 million. We'll have to wait for Thursday to see if Virgin Media falls in line with Wall Street predictions and reports a boost in revenue and a steady EPS from the year-ago quarter.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 | Q1 | Q4 | Q3 |
| EPS Estimate | $0.17 | $0.08 | -$0.11 | -$0.08 |
| EPS Actual | $0.16 | $0.03 | $0.37 | $0.15 |
Stock Performance:
Shares of Virgin Media were trading at $27.10 as of October 21, 2011. Shares are down 0.1% year to date.
Average Stock Rating:
The average rating by analysts for Virgin Media is a Moderate Buy. The strength of this rating has crept upwards over the past three months.
Competitors:
Wondering how Virgin Media compares to rivals in the same sector? Here are a few of the company's peers.
- Cablevision Systems (CVC): Hold with a $0.24 recent quarter EPS
- Liberty Global (LBTYA): Moderate Buy with a $0.26 recent quarter EPS
The cable TV company's industry has seen price/earnings growth of 1.3% during the current fiscal year.
Finally, a description of the company's main areas of operation: Virgin Media is a provider of entertainment and communications services in the United Kingdom. The company offers broadband Internet, television, mobile telephone, and fixed line telephone services.
Take Action:
Now that you've gotten an advanced peak at Virgin Media's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.
- To see up-to-date news on Virgin Media, click here
- To see other trading ideas, click here
- To see other company earnings recaps, click here
