Cray Earnings Preview: Get Ahead of the Analysts

Cray (NASDAQ:CRAY) will report earnings after markets close on Tuesday, April 30th. Cray, Inc. designs, develops, manufactures, markets and services high performance computing systems commonly known as supercomputers. The Company’s products provides sustained performance on critical applications, scalability to handle larger problems and the reliability to run jobs to completion.

Here is your Cheat Sheet to Cray Earnings:

Earnings Expectations: Analysts expect earnings of $-0.24 per share on revenues of $70.33 million. Currently, the company’s P/E ratio stands at 5.04.

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 loss of $0.13 and has not changed. For the current year, the average estimate is a profit of $0.46, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 282.85 284.05 319.39 236.05 421.06
Diluted EPS ($) -1.25 -0.02 0.43 0.40 4.27

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 ($) in millions 91.55 112.31 84.18 35.74 188.83
Diluted EPS ($) 0.7913 0.13 3.91 -0.14 0.3628

Past Performance:
Cray has beat analyst estimates 3 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]