Electro Scientific Industries Earnings Preview: Get Ahead of the Analysts

Electro Scientific Industries (NASDAQ:ESIO) will report earnings after markets close on Tuesday, May 7th. Electro Scientific Industries, Inc. designs and manufactures products used worldwide in electronics manufacturing. The Company’s products are used in wireless telecommunications, computers, automotive electronics, and other electronic products. The Company supplies laser systems, test and termination equipment, laser drilling systems, and machine vision systems.

Here is your Cheat Sheet to Electro Scientific Industries Earnings:

Earnings Expectations: Analysts expect earnings of $-0.07 per share on revenues of $38.13 million. Currently, the company’s P/E ratio stands at 89.04.

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 profit of $0.09 to a loss $0.01. For the current year, the average estimate is a profit of $0.17, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Electro Scientific Industries has been performing on an annual basis:

Fiscal Year 2007 2009 2010 2011 2012
Revenue ($) in millions 250.82 157.31 148.89 256.81 254.23
Diluted EPS ($) 0.80 -1.89 -0.44 0.28 0.17

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 ($) in millions 49.81 45.49 58.97 80.15 37.93
Diluted EPS ($) -0.07 -0.2650 -0.03 0.17 0.23

Past Performance:
Electro Scientific Industries has beat analyst estimates 2 times 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] wallstcheatsheet.com)