(SMLC) 012 Smile.Communications, Ltd. – Nearly Doubled the Returns of the S&P 500

October 19th, 2009

012 Smile.Communications (SMLC) is up sharply over the past 3 months on solid earnings and estimate revisions.

Revenue Up

On Aug 12 the company reported a 10% increase in revenues to $74 million. Net income more than tripled to $6.6 million, or 26 cents per share. A 14% growth in the broadband service segment buoyed the successful quarter.

This was the second consecutive earnings surprise. The Zacks Consensus Estimate was 24 cents.

Rising Estimates

Over the past 3 months, the full-year estimates for this year are up 10% to $1.10. Next year’s forecasts are averaging $1.24, up from $1.19.

These levels will produce year-over-year growth of 89% and 14%, respectively.

The Chart

Since the original feature as a Zacks Rank Buy, Smile has nearly doubled the returns of the S&P 500. The company’s next quarterly report is on Nov 11.

Zacks Investment Research
View original at: Zacks.com News Feed

Related Posts:

  1. (SEPR) Sepracor Incorporated Doubled the Consensus Earnings ForecastSepracor Inc (SEPR) shares are on a bullish run with a recent earnings report adding...
  2. (DWA) Dreamworks Animation SKG – Share Price Doubled in the Last 4 MonthsDreamworks Animation SKG (DWA) announced a strategic production adjustment during its recent Q2 earnings call...
  3. ($YHOO) Understanding Earnings Surprises: Yahoo! doubled up on analysts’ estimatesby Marc Lichtenfeld, Advisory Panelist There have been many earnings announcements lately that have surprised...
  4. US stock market returns – what is in store?Stock market movements over the past few months have been characterized by increased volatility as...
  5. Stock Market Returns – The Wonder of CompoundingAlbert Einstein described compound growth as the eighth wonder of the world. Although he may...
  6. Stock Market Returns – The Wonder of CompoundingAlbert Einstein described compound growth as the eighth wonder of the world. Although he may...


Search Posts by Tag: | | Diversified Communication Services | Technology

RSS Feeds by Tag: 012 Smile.Communications Limited | SMLC | Diversified Communication Services | Technology |

Other Posts by: | RSS Feed for this author