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What to Expect from MobileIron (MOBL) in Q2 Earnings?

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MobileIron Inc.  is set to report second-quarter 2016 results on Jul 28. Last quarter, the company posted a loss, which was in-line with estimates. Let's see how things are shaping up for this announcement.

Factors to Consider

MobileIron provides security and management solutions for mobile applications, contents and devices. The company offers software tools for device management, activity intelligence and security. Its offerings include multi-OS mobile device management software, mobile application management, wireless expense management, enterprise mobility, mobile device security and Bring-Your-Own-Device privacy controls, and MobileIron Virtual Smartphone Platform.

The company reported not-so encouraging first-quarter 2016 results, wherein the top line missed the Zacks Consensus Estimate. Also, it reported a loss, which matched the consensus mark. However, revenues compared favorably on a year-over-year basis.

In the to-be reported quarter, the company is expected to benefit from its deal with Apple Inc. (AAPL - Free Report) to deploy iPad apps for enterprise customers.

MOBILE IRON INC Price and EPS Surprise

MOBILE IRON INC Price and EPS Surprise | MOBILE IRON INC Quote

Earnings Whispers

Our proven model does not conclusively show that MobileIron is likely to beat estimates this quarter. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to surpass earnings estimates. However, that is not the case here due to the following factors:

Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss of 25 cents per share. Hence, the difference is 0.00%.

Zacks Rank: MobileIron’s Zacks Rank #3 when combined with a 0.00% ESP makes surprise prediction difficult.

We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum.

Stocks to Consider

Here are a couple of stocks which, as per our model, have the right combination of elements to post an earnings beat this quarter:

Garmin Ltd. (GRMN - Free Report) with an Earnings ESP of +4.48% and a Zacks Rank #3

Amazon.com, Inc. (AMZN - Free Report) with Earnings ESP of +37.72% and a Zacks Rank #3

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