Broadsoft Earnings Preview: Can This Streak Continue?

Broadsoft (NASDAQ:BSFT) will report earnings after markets close on Monday, May 6th. BroadSoft Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based, or IP-based, networks. The Company’s software enables customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications.

Here is your Cheat Sheet to Broadsoft Earnings:

Earnings Expectations: Analysts expect earnings of $0.11 per share on revenues of $38.60 million. Currently, the company’s P/E ratio stands at 58.95.

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 $0.4 to a profit $0.26. For the current year, the average estimate is a profit of $1.23, which is worse than the estimate ninety days ago.

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Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 61.83 68.89 95.62 138.06 164.84
Diluted EPS ($) 0.00 -1.25 0.32 1.15 0.43

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 ($) in millions 40.55 38.34 40.52 40.17 45.81
Diluted EPS ($) 0.1923 0.06 0.08 0.11 0.1710

Past Performance:
Broadsoft has beat analyst estimates 4 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]