Compuware Corp Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Compuware Corp (NASDAQ:CPWR) will unveil its latest earnings on Thursday, January 26, 2012. Compuware provides software products and professional services that improve the performance of information technology organizations.

Compuware Corp Earnings Preview Cheat Sheet.

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 11 cents per share, a decline of 26.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 14 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 13 cents during the last month. For the year, analysts are projecting profit of 41 cents per share, a decline of 14.6% from last year.

Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the second quarter, the company reported net income of 10 cents per share versus a mean estimate of profit of 10 cents per share. In the first quarter, the company beat estimates by 2 cents.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

Wall St. Revenue Expectations: Analysts are projecting a rise of 4.9% in revenue from the year-earlier quarter to $259.1 million.

Analyst Ratings: Analysts are bullish on this stock with five analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

A Look Back: In the second quarter, profit fell 12.7% to $22.7 million (10 cents a share) from $26 million (12 cents a share) the year earlier, meeting analyst expectations. Revenue rose 15.4% to $260.7 million from $225.9 million.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 11.4% in the first quarter from the year earlier, climbed 8.5% in the fourth quarter of the last fiscal year from the year-ago quarter and 7.5% in the third quarter of the last fiscal year.

The decrease in profit in the second quarter came after net income rose in the previous quarter. In the first quarter, net income rose 34.3%.

Competitors to Watch: Oracle Corporation (NASDAQ:ORCL), CA, Inc. (NASDAQ:CA), Intl. Business Machines Corp. (NYSE:IBM), Quest Software, Inc. (NASDAQ:QSFT), BMC Software, Inc. (NASDAQ:BMC), Novell, Inc. (NASDAQ:NOVL), Red Hat, Inc. (NYSE:RHT), Microsoft Corporation (NASDAQ:MSFT), OPNET Technologies, Inc. (NASDAQ:OPNT), and Sybase, Inc. (SY).

Stock Price Performance: During October 24, 2011 to January 20, 2012, the stock price had fallen 82 cents (-9.6%) from $8.55 to $7.73. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011 when shares rose for six-straight days, rising 9.6% (+74 cents) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight-straight days, falling 11.7% (-$1.01) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com