Benzinga | Jul 28, 2020 01:48PM EDT

Preview: MobileIron's Earnings

On Wednesday, July 29, MobileIron (NASDAQ: MOBL) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Based on management's projections, MobileIron analysts modeled for a loss of $0.03 per share on sales of $49.99 million. In the same quarter last year, MobileIron reported EPS of $-0.040 on revenue of $50.87 million. If the company were to report inline earnings when it publishes results Wednesday, quarterly profit would be down 25.0%. Sales would be down 4.52% from the same quarter last year. Here's how the MobileIron's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate -0.06 0.03 0.01 -0.04EPS Actual -0.11 0.01 -0.07 -0.04Revenue Estimate 47.83 M 54.76 M 52.72 M 50.56 MRevenue Actual 49.70 M 54.09 M 52.20 M 50.87 M

Stock Performance

Over the past 52-week period, shares of MobileIron have declined 16.01%.

Given these returns, long-term shareholders are probably less than satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. MobileIron is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.mobileiron.com%2Fevents%2Fevent-details%2F2020%2FSecond-Quarter-2020-Financial-Results-Conference-Call%2Fdefault.aspx&eventid=2396326&sessionid=1&key=430E3AC8B725CED1D7A59478B536B1B5&regTag=&sourcepage=register