Analysis and Towerstream Corporation (TWER) Earnings Review

Wall Street await Towerstream Corporation (NASDAQ:TWER) to release earnings on March, 10. Analysts forecast earnings per share of $-0.13, down exactly $0.01 or 8.33% from 2014’s $-0.12 EPS. After releasing $-0.13 EPS for the previous quarter, Towerstream Corporation’s analysts now forecasts 0.00% EPS growth. Towerstream Corporation (NASDAQ:TWER) has declined 86.93% since August 3, 2015 and is downtrending. It has underperformed by 81.27% the S&P500.

Out of 2 analysts covering Towerstream (NASDAQ:TWER), 2 rate it “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Towerstream was the topic in 5 analyst reports since August 11, 2015 according to StockzIntelligence Inc.

The institutional sentiment increased to 0.75 in Q3 2015. Its up 0.03, from 0.72 in 2015Q2. The ratio increased, as 10 funds sold all Towerstream Corporation shares owned while 6 reduced positions. 4 funds bought stakes while 8 increased positions. They now own 18.90 million shares or 11.41% less from 21.33 million shares in 2015Q2.

Icm Asset Management Inc Wa holds 0.44% of its portfolio in Towerstream Corporation for 253,175 shares. Ancora Advisors Llc owns 1.01 million shares or 0.14% of their US portfolio. Moreover, Columbia Wanger Asset Management Llc has 0.03% invested in the company for 3.78 million shares. The Montana-based D.A. Davidson & Co. has invested 0.02% in the stock. Sigma Planning Corp, a Michigan-based fund reported 100,982 shares.

Towerstream Corporation is a fourth generation (4G) and small cell rooftop tower company. The company has a market cap of $13.05 million. The Firm provides a range of Wireless communication services through its two business divisions: Fixed Wireless Services Segment and Shared Wireless Infrastructure Segment. It currently has negative earnings. The Company’s fixed Wireless service supports bandwidth on demand, Wireless redundancy, virtual private networks, disaster recovery, bundled data and video services.

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