AsiaInfo Holdings (ASIA) is expected to report strong quarterly results on Wednesday with EPS up 39% and revenue up 53% year-over-year.
Telecommunications software and service provider AsiaInfo Holdings, Inc. [[ASIA]] is set to report second quarter earnings at 12 pm EDT on July 29th. Here’s what to expect:
EPS: $0.18
Revenue: $52.8 million
With 6 analysts offering estimates, EPS expectations range from $0.16 to $0.20 with the average estimate being $0.18. Even the bottom range is well above year-ago second quarter earnings of $0.13.
Revenue estimates are tightly grouped around $52 million, and if on target will jump more than 53% from a year ago.
AsiaInfo has exceeded expectations in three of its last three quarters, each time by more than 14%. Also, the average EPS estimate has crept-up slightly from $0.17 to $0.18 over the last 90 days, a bullish sign for earnings.
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