Oi S.A. (OIBR)

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Investor Website

http://ri.oi.com.br/oi2012/web/default_en.asp?conta=44&idioma=1

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What is OI:

http://en.wikipedia.org/wiki/Oi_(telecommunications)

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Dividends

Declared Date 02/27/2013
Ex-Dividend Date 03/22/2013
Latest Indicated Dividend Amount 0.2583
Yield 11.33%
Projected Yield 11.33%

Recent Dividends Date Type Amount
03/22/13 Cash Dividends 0.2583
08/20/12 Cash Dividends 0.1523
08/15/12 Stock Distribution 1.0:3.0
05/03/12 Cash Dividends 0.6154

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Oi Beats on EPS But GAAP Results Lag
By Seth Jayson May 6, 2013


Oi (NYSE: OIBR ) reported earnings on April 29. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Oi missed slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue was unchanged. GAAP earnings per share contracted significantly.

Gross margins expanded, operating margins contracted, net margins shrank.

Revenue details
Oi reported revenue of $3.48 billion. The four analysts polled by S&P Capital IQ foresaw a top line of $3.53 billion on the same basis. GAAP reported sales were 66% higher than the prior-year quarter's $2.10 billion.


Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.08. The two earnings estimates compiled by S&P Capital IQ anticipated $0.02 per share. GAAP EPS of $0.08 for Q1 were 75% lower than the prior-year quarter's $0.32 per share.


Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 58.2%, much better than the prior-year quarter. Operating margin was 16.1%, 160 basis points worse than the prior-year quarter. Net margin was 3.7%, 530 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $3.58 billion. On the bottom line, the average EPS estimate is $0.04.

Next year's average estimate for revenue is $14.41 billion. The average EPS estimate is $0.34.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 543 members out of 559 rating the stock outperform, and 16 members rating it underperform. Among 83 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give Oi a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Oi is hold, with an average price target of $4.00