NII Holdings (NIHD) Scheduled to Post Earnings on Monday
NII Holdings (NASDAQ:NIHD) will post its quarterly earnings results on Monday, May 12th. Individual interested in listening to the company’s earnings conference call can do so using this link.
NII Holdings (NASDAQ:NIHD) last posted its quarterly earnings results on Friday, February 28th. The company reported ($4.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.59) by $2.74. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the company posted ($3.45) earnings per share. The company’s revenue for the quarter was down 21.8% on a year-over-year basis. On average, analysts expect NII Holdings to post $-7.45 EPS for the current fiscal year and $-6.58 EPS for the next fiscal year.
Shares of NII Holdings (NASDAQ:NIHD) opened at 0.7101 on Friday. NII Holdings has a 52 week low of $0.58 and a 52 week high of $8.90. The stock has a 50-day moving average of $1.00 and a 200-day moving average of $2.26. The company’s market cap is $122.2 million.
NIHD has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of NII Holdings in a research note on Tuesday, April 29th. They now have a $0.70 price target on the stock. On the ratings front, analysts at Barclays cut their price target on shares of NII Holdings from $2.50 to $0.50 in a research note on Friday, April 11th. They now have an “underweight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of NII Holdings in a research note on Friday, April 4th. They now have a $1.25 price target on the stock. Five investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. NII Holdings currently has a consensus rating of “Hold” and a consensus target price of $2.22.
NII Holdings, Inc (NASDAQ:NIHD) is a holding company for the operations of Nextel Communications, Inc in selected International markets.
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