Ascent Media Earnings: What Investors Should Watch

Ascent Media (NASDAQ:ASCMA) will report earnings after markets close on Thursday, May 9th. Ascent Media Corporation offers creative and network services to the television, motion picture, and advertising industries. The Company offers post-production, special effects and editorial services; and facilities and services necessary to assemble and transport programming for cable and broadcast networks via fiber, satellite, and the Internet.

Here is your Cheat Sheet to Ascent Media Earnings:

Earnings Expectations: Analysts expect earnings of $-0.48 per share on revenues of $101.47 million.

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 loss of $0.5 to a loss $0.4. For the current year, the average estimate is a loss of $1.58, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Ascent Media has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 581.62 154.47 9.13 311.90 344.95
Diluted EPS ($) -4.60 -3.76 -271.00 1.45 -2.04

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 ($) in millions 80.94 81.88 83.32 84.67 95.09
Diluted EPS ($) -0.4554 -0.37 -0.51 -1.11 -0.0423

Past Performance:
Ascent Media 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]