Analysts were expecting Extreme Networks Inc. (EXTR) [Chart - News - Analysis] to report earnings of $-0.02 for last quarter, but EXTR missed expectations with actual earnings of $-0.05---3 cents below the consensus estimate.

If you compare last quarter's earnings to the $0.02 the company made per share during the same quarter a year ago, you can see that EXTR’s earnings are down this year.

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Also, if you compare EXTR's 9.00% projected earnings-per-share (EPS) growth rate for the next five years with the projected EPS growth rate of 12.20% for the Networking & Communication Devices industry as a whole during that same time frame, you can see that analysts expect EXTR to underperform the industry in the future---which is a bad sign for the stock.

Drilling down a little deeper into the Networking & Communication Devices industry, you can see how analysts believe EXTR will stack up against some of the other stocks in the industry, like Super Micro Computer, Inc. (SMCI) [Chart - News - Analysis] and 3Com Corporation (COMS) [Chart - News - Analysis], in the future. Analysts believe SMCI's earnings are going to grow at a rate of 26.00% while COMS's earnings are going to grow at a rate of 10.00%.

Earnings season can be a volatile time in the stock market. Check out these videos and articles to be better prepared to take advantage of the large price moves that tend to accompany earnings announcements.

- Earnings Season is Here - Find Out How to Trade It

- Using Options to Trade Earnings

- Understanding Stock Analyst Research and Recommendations

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