Cypress Semiconductor Earnings Preview: Get Ahead of the Analysts
Cypress Semiconductor (NASDAQ:CY) will report earnings before markets open on Thursday, July 18th. Cypress Semiconductor Corporation designs, develops, manufactures, and markets a line of digital and mixed-signal integrated circuits. The Company’s circuits are used in the data communications, telecommunications, computers, and instrumentation systems markets. Cypress’ products are marketed worldwide through a network of sales offices, distributors, and sales representative firm.
Here is your Cheat Sheet to Cypress Semiconductor Earnings:
Earnings Expectations: Analysts expect earnings of $0.07 per share on revenues of $182.91 million.
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 profit of $0.18 to a profit $0.15. For the current year, the average estimate is a profit of $0.43, which is worse than the estimate ninety days ago.
Here’s how Cypress Semiconductor has been performing on an annual basis:
|Revenue ($) in millions||766||668||878||995||770|
|Diluted EPS ($)||-2.93||-1.03||0.40||0.89||-0.16|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||201.30||203.01||180.28||172.73|
|Diluted EPS ($)||0.03||0.09||-0.17||-0.19|
Cypress Semiconductor has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“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)