Needham & Company Reiterates a 'Buy' on AOL, Inc. (AOL); 4Q11 Earnings Preview

Needham & Company reiterates a 'Buy' on AOL, Inc. (NYSE: AOL) price target of $20.00.

Needham analyst says, "AOL is expected to release 4Q11 earnings in early February. We maintain our 4Q11 revenue and EPS estimates. Specifically, we maintain our 4Q11: 1) Revenue estimate of $569mm (down 5% y/y); 2) OIBDA estimate of $100mm (down 33% y/y); 3) Reported EPS estimate of $0.15 (down from $0.61 in 4Q10); and 4) Adjusted EPS estimate of $0.27 (down 62% y/y)."

"FY12. We maintain our revenue estimate for FY12 at $2.08B, Reported EPS of $0.07 (up over FY11 EPS of $0.04), and Adjusted EPS estimate of $0.28 (down 58% y/y)."

For an analyst ratings summary and ratings history on AOL, Inc. click here. For more ratings news on AOL, Inc. click here.

Shares of AOL, Inc. closed at $15.04 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Tesla to launch Cybercab in Austin this month - report
• XP Inc. (XP) Tops Q2 EPS by 8c
• Yalla Group Limited (YALA) Reports Q2 EPS of $0.24