Ceva (NASDAQ:CEVA) will report earnings before markets open on Thursday, May 2nd. CEVA, Inc. is the licensor of DSP cores and integrated applications to the semiconductor industry. The Company markets CEVA DSPs, CEVA-Xpert Open Framework Environment, and CEVA-Xpert Applications. CEVA’s products are used in various devices each year.
Here is your Cheat Sheet to Ceva Earnings:
Earnings Expectations: Analysts expect earnings of $0.15 per share on revenues of $12.58 million. Currently, the company’s P/E ratio stands at 25.80.
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 $0.2 to a profit $0.14. For the current year, the average estimate is a profit of $0.69, which is worse than the estimate ninety days ago.
Here’s how Ceva has been performing on an annual basis:
|Revenue ($) in millions||40.36||38.47||44.91||60.24||53.68|
|Diluted EPS ($)||0.42||0.41||0.51||0.77||0.59|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||15.95||15.11||13.59||12.01||12.97|
|Diluted EPS ($)||0.1997||0.20||0.15||0.11||0.1212|
Ceva 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] wallstcheatsheet.com)