S&P 500 (NYSE:SPY) component CA (NASDAQ:CA) will unveil its latest earnings tomorrow, Tuesday, January 22, 2013. CA is an information technology software and service company that helps organizations manage and secure their IT infrastructures and services.
CA Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 57 cents per share, a decline of 5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 60 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 57 cents during the last month. Analysts are projecting profit to rise by 6.5% versus last year to $2.28.
Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting profit of 56 cents per share against a mean estimate of net income of 55 cents per share.
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Here’s how CA traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: