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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Advent Software has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Advent Software 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] wallstcheatsheet.com)