Equinix Inc (EQIX) Earnings Preview For Wednesday's Release
Equinix Inc (NASDAQ:EQIX) is scheduled to release last fiscal quarter's results after the closing bell on February 15, 2012. Let's take a look at how Equinix Inc has done in recent quarters.
Who They Are:
Equinix, Inc. provides data center services for the protection and connection of information assets to enterprises, financial service companies, and content and network service providers worldwide. The company was founded in 1998 and is headquartered in Redwood City, California. Equinix Inc trades an average of 1.1 million shares per day and has a marketcap of $6.2 Billion.
52 Week High: $130.74
52 Week Low: $80.85
Book Value: $42.70
Float Short: 11.63%
What To Expect:
Analysts are expecting an improvement of $0.24 in earnings per share compared to last quarter's results of $0.20. Investors will be looking to see a number north of $0.44 per share based on the earnings estimates.
Analyst estimates range between $0.18 and $0.58 per share.
Here is a look at the fiscal year revenue for Equinix Inc. 
Recent Stock and Valuation Performance:
Relative to the earnings, investors have not been as aggressive accumulating shares, as the current trailing twelve months P/E ratio is 78.9, while the forward P/E ratio is now 49.73. An upside earnings report may provide greater wind in the sails.
Looking at the price movement over the last month, the stock has moved higher in price 16.56%, with a change from a year ago of 43.87%.
It is clear to see the stock is performing much better than the overall market with a relative double digit gain. When comparing to the S&P 500, the year to date difference is 19.39%.
For the same fiscal period year-over-year, revenue has improved to $1.22 billion for 2010 vs. $882.51 million for 2009. The bottom line has falling earnings year-over-year of $36.88 million for 2010 vs. $69.43 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $194.71 million for 2010 vs. $181.08 million for 2009. Lower revenue along with a drop in earnings is often one of the last signs to get out of the way of a falling stock price.
The short interest is relatively high at 11.63%.
Here is the last few quarters to get an idea how well they perform compared to estimates 
Reported earnings per share compared to the mean estimate. Differences are rounded.
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