Nova Measuring Instruments Earnings Preview: Get Ahead of the Analysts

Nova Measuring Instruments (NASDAQ:NVMI) will report earnings after markets close on Tuesday, April 30th. Nova Measuring Instruments Ltd. develops, produces, and markets monitoring and measurement systems for the semiconductor manufacturing industry. The Company provides integrated monitoring and process control systems for other integrated circuit manufacturing processes.

Here is your Cheat Sheet to Nova Measuring Instruments Earnings:

Earnings Expectations: Analysts expect earnings of $0.12 per share on revenues of $25.96 million. Currently, the company’s P/E ratio stands at 20.51.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.15 to a profit $0.14. For the current year, the average estimate is a profit of $0.51, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Nova Measuring Instruments has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 38.97 39.32 86.62 102.83 96.17
Diluted EPS ($) -0.28 0.13 0.86 1.04 0.43

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 19.19 22.60 27.05 24.42 22.10
Diluted EPS ($) 0.1862 0.10 0.14 0.11 0.0905

Past Performance:
Nova Measuring Instruments has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]