On Tuesday, March 12, Switch SWCH will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Switch EPS will likely be near 3 cents while revenue will be around $104.15 million, according to analysts.
Switch reported a per-share loss of $2.09 when it published results during the same quarter last year. Sales in that period totaled $99.32 million. If the company were to match the consensus estimate, earnings would be up 101.44 percent. Revenue would be up 4.85 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.04 | 0.04 | 0.05 | -0.21 |
| EPS Actual | 0 | 0.02 | 0.02 | -2.09 |
Stock Performance
Over the last 52-week period, shares of Switch have declined 45.87 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Switch stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Switch's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://investors.switch.com/events-and-presentations
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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