Compuware Corporation First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Compuware Corporation (NASDAQ:CPWR) will unveil its latest earnings on Thursday, July 21, 2011. Compuware Corporation provides software products and professional services that improve the performance of information technology organizations.

Compuware Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 6 cents per share, no change 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 10 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 6 cents during the last month. For the year, analysts are projecting net income of 55 cents per share, a rise of 14.6% from last year.

Past Earnings Performance: The company topped forecasts last quarter after being in line with estimates the quarter prior. In the fourth quarter of the last fiscal year, it reported profit of 16 cents per share versus a mean estimate of 14 cents. Two quarters ago, it reported net income of 15 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $223.8 million in revenue this quarter, a rise of 8.4% from the year ago quarter. Analysts are forecasting total revenue of $1.05 billion for the year, a rise of 13% from last year’s revenue of $928.9 million.

Analyst Ratings: The limited number of analysts covering the stock seem bullish with three analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

Key Stats:

Revenue has now gone up for three straight quarters. In fourth quarter of the last fiscal year, revenue rose 8.5% to $249.6 million while the figure rose 7.5% in the third quarter of the last fiscal year from the year earlier and 3.6% in the second quarter of the last fiscal year.

The decrease in profit in the fourth quarter of the last fiscal year comes after net income rose in the previous quarter. In the fourth quarter of the last fiscal year, net income fell 6.8% to $34.8 million. In the third quarter of the last fiscal year, net income rose 39.3%.

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), Apple (NASDAQ:AAPL) and Sybase, Inc. (SY).

Stock Price Performance: During April 19, 2011 to July 15, 2011, the stock price had fallen $1.53 (-13.9%) from $10.97 to $9.44. The stock price saw one of its best stretches over the last year between January 4, 2011 and January 12, 2011 when shares rose for seven-straight days, rising 2.1% (+24 cents) over that span. It saw one of its worst periods between April 1, 2011 and April 12, 2011 when shares fell for eight-straight days, falling 5.8% (-67 cents) over that span. Shares are down $2.23 (-19.1%) year to date.

(Source: Xignite Financials)

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