Acorn Energy Earnings: What Investors Should Watch

Acorn Energy (NASDAQ:ACFN) will report earnings before markets open on Friday, May 10th. Acorn Energy Inc. through its subsidiaries, provides clean energy solutions. The Company’s solutions include clean capacity, catalyst regeneration technologies, remote monitoring of the electric grid, underwater security systems for coastal energy infrastructure, and renewable power solutions.

Here is your Cheat Sheet to Acorn Energy Earnings:

Earnings Expectations: Analysts expect earnings of $-0.23 per share on revenues of $5.50 million.

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 loss of $0.14 to a loss $0.22. For the current year, the average estimate is a loss of $0.69, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Acorn Energy has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 20.70 27.32 14.24 18.93 19.42
Diluted EPS ($) -0.69 -0.50 -1.68 1.99 -0.93

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 ($) in millions 6.68 4.24 5.90 5.05 4.23
Diluted EPS ($) -0.0623 -0.24 -0.17 -0.21 -0.3144

Past Performance:
Acorn Energy has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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