Celgene Earnings Preview: Get Ahead of the Analysts

Celgene (NASDAQ:CELG) will report earnings before markets open on Thursday, April 25th. Celgene Corporation is a global biopharmaceutical company. The Company focuses on the discovery, development, and commercialization of therapies designed to treat cancer and immune-inflammatory related diseases.

Here is your Cheat Sheet to Celgene Earnings:

Earnings Expectations: Analysts expect earnings of $1.35 per share on revenues of $1.47 billion. Currently, the company’s P/E ratio stands at 36.08.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.39 to a profit $1.42. For the current year, the average estimate is a profit of $5.68, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,255 2,690 3,626 4,842 5,507
Diluted EPS ($) -3.46 1.66 1.88 2.85 3.30

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 ($) in millions 1,284 1,273 1,367 1,419 1,447
Diluted EPS ($) 0.91 0.90 0.82 0.97 0.61

Past Performance:
Celgene 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] wallstcheatsheet.com)