Cognex Earnings Preview: Can This Streak Continue?

Cognex (NASDAQ:CGNX) will report earnings after markets close on Monday, April 29th. Cognex Corporation designs, develops, manufactures, and markets machine vision systems. The Company’s systems are used to automate the manufacture of a variety of discrete items and to assure their quality. Cognex has regional offices located throughout North America, Japan, Europe, and Southeast Asia.

Here is your Cheat Sheet to Cognex Earnings:

Earnings Expectations: Analysts expect earnings of $0.33 per share on revenues of $79.62 million. Currently, the company’s P/E ratio stands at 24.04.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.42 and has not changed. For the current year, the average estimate is a profit of $1.7, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 242.68 175.73 290.69 321.91 324.28
Diluted EPS ($) 0.66 -0.12 1.52 1.63 1.56

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 ($) in millions 84.04 77.71 84.33 80.08 82.17
Diluted EPS ($) 0.44 0.33 0.45 0.41 0.37

Past Performance:
Cognex 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] wallstcheatsheet.com)