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.

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 $0.27 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.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Audiovox has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]