Atmel Earnings Preview: Get Ahead of the Analysts

Atmel (NASDAQ:ATML) will report earnings after markets close on Wednesday, May 1st. Atmel Corporation designs, develops, manufactures, and markets various non-volatile memory and logic integrated circuits using its proprietary technology. The Company’s devices are used in products for telecommunications, computers, networking, image processing, industrial and military applications, and avionics.

Here is your Cheat Sheet to Atmel Earnings:

Earnings Expectations: Analysts expect earnings of $0.03 per share on revenues of $321.35 million. Currently, the company’s P/E ratio stands at 91.29.

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 profit of $0.09 to a profit $0.06. For the current year, the average estimate is a profit of $0.31, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,567 1,217 1,644 1,803 1,432
Diluted EPS ($) -0.06 -0.24 0.90 0.68 0.07

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 ($) in millions 383.61 357.84 368.20 360.99 345.08
Diluted EPS ($) 0.0728 0.05 0.00 0.05 -0.0289

Past Performance:
Atmel 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]