Athenahealth Earnings Preview: Get Ahead of the Analysts
Athenahealth (NASDAQ:ATHN) will report earnings after markets close on Thursday, May 2nd. Athenahealth Inc. provides Internet-based business services for physician practices. The Company’s services include a revenue cycle management service that automates and manages billing-related functions for physician practices and includes a practice management platform.
Here is your Cheat Sheet to Athenahealth Earnings:
Earnings Expectations: Analysts expect earnings of $0.23 per share on revenues of $121.17 million. Currently, the company’s P/E ratio stands at 186.16.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.29 and has not changed. For the current year, the average estimate is a profit of $1.22, which is the same as the estimate ninety days ago.
Here’s how Athenahealth has been performing on an annual basis:
|Revenue ($) in millions||136.28||188.53||245.54||324.07||422.27|
|Diluted EPS ($)||0.91||0.27||0.36||0.53||0.50|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||92.51||96.57||103.52||105.89||116.30|
|Diluted EPS ($)||0.1460||0.07||0.11||0.17||0.1587|
Athenahealth 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)