8×8 Earnings: Your Sneak Peek to the Big Announcement

8×8 (NASDAQ:EGHT) will report earnings after markets close on Wednesday, July 24th. 8×8, Inc. provides voice-over-Internet protocol creation platforms, hosted Internet PBX solutions, voice and video semiconductors, and related software. The Company offers service providers the tools to create next-generation Internet protocol network services, while providing telecommunications manufacturers with embedded technology, software stacks, and reference designs.

Here is your Cheat Sheet to 8×8 Earnings:

Earnings Expectations: Analysts expect earnings of $0.06 per share on revenues of $29.57 million. Currently, the company’s P/E ratio stands at 46.16.

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 $0.07 to a profit $0.06. For the current year, the average estimate is a profit of $0.26, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how 8×8 has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 65 63 70 86 108
Diluted EPS ($) -0.04 0.06 0.10 0.99 0.19

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

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 25.25 26.37 27.34 28.65
Diluted EPS ($) 0.12 0.02 0.03 0.02

Past Performance:
8×8 has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

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