Earnings Preview: Virgin Media EPS, Revenue Expected to Rise from Previous Quarter

Virgin Media VMED releases its next round of earnings this Wednesday, July 27, 2011. Here's Benzinga's advanced look at Virgin Media's second quarter earnings report.

Earnings and Revenue:

Wall Street expects a EPS of 17 cents per share and revenues of $1.59 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's negative EPS of 19 cents per share on revenues of $1.44 billion. We'll have to wait for Wednesday to see if Virgin Media has accomplished the estimated 10.4% increase in revenues on a year-over-year basis.

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

Stock Performance:

Shares of Virgin Media were trading at $27.97 as of July 21, 2011. Shares are up 2.9% 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 $0.38 recent quarter EPS
• Liberty Global (LBTYA): Moderate Buy with a $0.83 recent quarter EPS
• Shaw Communications (SJR): Hold with a $0.52 recent quarter EPS
• TiVo (TIVO): Moderate Buy with a -$0.29 recent quarter EPS

The cable TV company's industry has seen price/earnings growth of 0.5% during the current fiscal year.

Finally, a description of the company's main areas of operation: Virgin Media, Inc. is a provider of entertainment and communications services in the U.K., offering 'quad-play' broadband internet, television, mobile telephony and fixed line telephony services.

Take Action:

There is your peek into Virgin Media's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.

• 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