Xyratex (NASDAQ:XRTX) will report earnings after markets close on Monday, July 1st. Xyratex Ltd. provides enterprise class data storage subsystems and network technology. The Company designs and manufactures enabling technology that provides OEM and disk drive manufacturer customers with data storage products that support high-performance storage and data communication networks.
Here is your Cheat Sheet to Xyratex Earnings:
Earnings Expectations: Analysts expect earnings of $-0.05 per share on revenues of $203.16 million. Currently, the company’s P/E ratio stands at 174.00.
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 $0.09. For the current year, the average estimate is a profit of $0.08, which is better than the estimate ninety days ago.
Here’s how Xyratex has been performing on an annual basis:
|Revenue ($) in millions||1,050||868||1,602||1,448||1,159|
|Diluted EPS ($)||-1.64||-0.56||4.46||0.92||0.63|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012||Feb. 28, 2013|
|Revenue ($) in millions||322.12||275.67||265.45||195.60|
|Diluted EPS ($)||0.24||0.28||-0.29||-0.19|
Xyratex has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)