Brightpoint Inc. Fourth Quarter Earnings Sneak Peek

Brightpoint, Inc. (NASDAQ:CELL) will unveil its latest earnings on Wednesday, February 1, 2012. Brightpoint is engaged in providing supply chain solutions to the wireless industry.

Brightpoint, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 30 cents per share, a decline of 3.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 29 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 30 cents during the last month. For the year, analysts are projecting net income of 91 cents per share, a rise of 19.7% from last year.

Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of 26 cents per share against a mean estimate of net income of 21 cents, and the quarter before, the company exceeded forecasts by 5 cents with profit of 20 cents versus a mean estimate of net income of 15 cents.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

Wall St. Revenue Expectations: Analysts are projecting a rise of 24.1% in revenue from the year-earlier quarter to $1.39 billion.

Analyst Ratings: Analysts are bullish on this stock with six analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the third quarter, profit rose 40.7% to $13.8 million (20 cents a share) from $9.8 million (14 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 50.5% to $1.34 billion from $889 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 42.8%, with the biggest boost coming in the second quarter when revenue rose 56.6% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose more than threefold in the second quarter and more than sixfold in the first quarter.

Competitors to Watch: TESSCO Technologies, Inc. (NASDAQ:TESS), InfoSonics Corporation (NASDAQ:IFON), Ingram Micro Inc. (NYSE:IM), Arrow Electronics, Inc. (NYSE:ARW), Avnet, Inc. (NYSE:AVT), ADDvantage Tech. Group, Inc. (NASDAQ:AEY), Motorola Mobility Hldgs. Inc (NYSE:MMI), Tech Data Corporation (NASDAQ:TECD), Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), and SYNNEX Corporation (NYSE:SNX).

Stock Price Performance: During November 28, 2011 to January 26, 2012, the stock price had risen $2.33 (24.6%) from $9.46 to $11.79. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 20, 2011 when shares rose for eight-straight days, rising 9.3% (+83 cents) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight-straight days, falling 14.1% (-$1.45) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?