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.
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 $1.7, which is worse than the estimate ninety days ago.
Here’s how Cognex has been performing on an annual basis:
|Revenue ($) 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|
Cognex has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“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)