Earnings season is winding down, with most companies already having reported their quarterly results. But there are still some companies left to report, and VimpelCom Ltd (ADR) (NYSE:VIP) is one of them. The key to making smart investment decisions with stocks releasing their quarterly reports is to anticipate how they’ll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise.
Russia may not be the first place you’d think of to look for telecom stocks, but as with many telecoms around the world, VimpelCom Ltd (ADR) (NYSE:VIP) pays a solid dividend and offers the growth prospects of being one of the nation’s largest providers of mobile service. Let’s take an early look at what’s been happening with VimpelCom Ltd (ADR) (NYSE:VIP)over the past quarter and what we’re likely to see in its quarterly report on Wednesday.
Stats on VimpelCom
|Analyst EPS Estimate||$0.26|
|Change From Year-Ago EPS||189%|
|Revenue Estimate||$5.84 billion|
|Change From Year-Ago Revenue||(0.7%)|
|Earnings Beats in Past 4 Quarters||2|
Will VimpelCom give investors a good connection this quarter?
Analysts have gotten a bit more optimistic about VimpelCom’s prospects in recent months, keeping estimates for the just-ended quarter steady but boosting full-year 2013 projections by more than a nickel per share. The stock has followed suit, rising almost 25% since early December.