Janco Partners Upgrades Leap Wireless to Strong-Bu
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Janco Partners Upgrades Leap Wireless to Strong-Buy (LEAP)
Leap Wireless ( NASDAQ: LEAP ) was upgraded by investment 
analysts at Janco Partners from a “buy” rating to a “strong-buy” rating in a note issued to investors on Friday.
Leap Wireless traded up 4.93% on Friday, hitting $6.065. Leap Wireless has a 1-year low of $4.28 and a 1-year high of $11.30. The stock’s 50-day moving average is currently $6.36. The company’s market cap is $480.0 million.
Leap Wireless last posted its quarterly earnings results on Wednesday, November 7th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.74) by $1.06. The company had revenue of $774.00 million for the quarter, compared to the consensus estimate of $774.56 million. During the same quarter in the prior year, the company posted ($0.90) earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. Analysts expect that Leap Wireless will post $-3.02 EPS for the current f
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