Monday, July 16, 2012

J2 Global (Nasdaq: JCOM) Expects 2nd-qtr Results Above Analyst estimates

J2 Global (Nasdaq: JCOM) Expects 2nd-qtr Results Above Analyst estimatesOrlando, FL 7/16/12 (StreetBeat) – J2 Global Communications (Nasdaq: JCOM) plans to beat analysts’ expectations with its impressive 2nd quarter results estimate. It expects to report adjusted 2nd quarter earnings between 68 cents and 71 cents per share, compared to the 63 cents analysts projected on average. Revenue for the company is expected to come in between $88.8 million and $89.5 million, while analysts on average expected only $87.7 million in sales.

J2 Global provides web-based communication services, particularly for Internet-based email, voice, and fax services. It will announce these second quarter results on August 1.

Currently, J2 is trading up 9.34% at $28.68.

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