This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Earnings estimates have been falling for Boingo Wireless (WIFI – Snapshot Report) after the company reported its third quarter results back in November. The Zacks Consensus Estimate for both 2013 and 2014 have dropped significantly, sending it to a Zacks Rank #5 (Strong Sell).
While shares of Boingo Wireless have sold off a bit since the Q3 report, the stock still does not look cheap on a forward P/E basis. Investors should consider avoiding the stock until its earnings momentum improves.
Boingo Wireless provides individuals with access to the mobile Internet through high-speed, high-bandwidth Wi-Fi networks. It has more than 700,000 Wi-Fi locations, or hotspots, in over 100 countries at places like airports, hotels, coffee shops, shopping malls, arenas, stadiums and fast food restaurants.
Recent Articles
-
Wecome to the ZATZ Studio
-
HTC’s HD7, the HD2 update
-
Is Windows Phone 7 for power users?
-
Open question: what would you like to see us cover?
-
Citizen journalism: is it sustainable?
-
Nik Software’s HDR Efex Pro reveals photographic details previously hidden to the naked eye
-
Status report: migrating ZENPRESS to a new platform
-
Internet Explorer 9 is out — should you download it?
From Our Sponsor
