Cohu Earnings Preview: Get Ahead of the Analysts

Cohu (NASDAQ:COHU) will report earnings after markets close on Wednesday, May 1st. Cohu, Inc. designs, manufactures, and sells semiconductor test handling equipment to semiconductor manufacturers throughout the world. The Company also manufactures closed circuit television, metal detection, and microwave equipment.

Here is your Cheat Sheet to Cohu Earnings:

Earnings Expectations: Analysts expect earnings of $-0.33 per share on revenues of $55.00 million.

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 loss of $0.05 to a loss $0.3. For the current year, the average estimate is a loss of $0.88, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 199.66 171.26 322.67 308.97 221.16
Diluted EPS ($) -0.23 -1.20 1.02 0.64 -0.50

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 ($) in millions 66.56 53.30 59.40 57.75 50.71
Diluted EPS ($) 0.0293 -0.13 -0.09 -0.07 -0.2100

Past Performance:
Cohu has beat analyst estimates time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]