Audiovox Earnings Preview: Get Ahead of the Analysts
Audiovox (NASDAQ:VOXX) will report earnings after markets close on Tuesday, May 14th. Audiovox Corporation markets automobile sound, vehicle security, mobile video systems, and consumer electronics products. The Company markets its products both domestically and internationally under its own brands.
Here is your Cheat Sheet to Audiovox Earnings:
Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $202.79 million. Currently, the company’s P/E ratio stands at 9.63.
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 $0.27 to a profit $0.19. For the current year, the average estimate is a profit of $0.71, which is the same as the estimate ninety days ago.
Here’s how Audiovox has been performing on an annual basis:
|Revenue ($) in millions||591.36||603.10||550.70||561.67||707.06|
|Diluted EPS ($)||0.37||-3.11||0.98||1.00||1.10|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Nov. 30, 2011||Feb. 29, 2012||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012|
|Revenue ($) in millions||206.80||176.60||194.04||191.72||243.04|
|Diluted EPS ($)||0.38||0.4634||-0.20||0.16||0.56|
Audiovox has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)