8x8's Earnings Outlook

8x8 EGHT announces its next round of earnings Thursday. Here's Benzinga's advanced look at 8x8's Q3 earnings report.

Earnings and Revenue

Analysts covering 8x8 modeled for quarterly EPS of 1 cent per share on revenue of $73 million .

In the same quarter last year, 8x8 reported an EPS loss of 3 cents per share on revenue of $63 million. If the company were to report inline earnings when it publishes results Thursday, quarterly profit would be down 83.33 percent. Revenue would be have grown 16.06 percent from the same quarter last year.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Q3 EPS Estimate: 1 cent per share
Q3 Revenues Estimate: $73 million

Stock Performance

Shares of 8x8 were trading at $16.4 as of Jan. 25. Over the last 52-week period, shares are down 0.3 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts have been rating 8x8 stock as Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

8x8's Q3 is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: http://investors.8x8.com