Advent Software Earnings Preview: Get Ahead of the Analysts
Advent Software (NASDAQ:ADVS) will report earnings after markets close on Monday, April 29th. Advent Software, Inc. provides software products and related services that automate and integrate critical operations of investment management organizations. The Company provides a variety of products for the front, middle, and back offices of investment management organizations.
Here is your Cheat Sheet to Advent Software Earnings:
Earnings Expectations: Analysts expect earnings of $0.30 per share on revenues of $91.57 million. Currently, the company’s P/E ratio stands at 45.91.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.29 to a profit $0.31. For the current year, the average estimate is a profit of $1.23, which is better than the estimate ninety days ago.
Here’s how Advent Software has been performing on an annual basis:
|Revenue ($) in millions||237.88||259.51||283.50||326.25||358.82|
|Diluted EPS ($)||0.34||0.70||0.44||0.56||0.58|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||86.28||86.90||89.72||90.17||92.02|
|Diluted EPS ($)||0.12||0.14||0.14||0.15||0.15|
Advent Software 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)