Emc: Here’s What Investors Need to Know Before Earnings

Emc (NYSE:EMC) will report earnings before markets open on Wednesday, July 24th. EMC Corporation provides enterprise storage systems, software, networks, and services. The Company’s products store, retrieve, manage, protect, and share information from all major computing environments and mainframe platforms. EMC operates offices around the world.

Here is your Cheat Sheet to Emc Earnings:

Earnings Expectations: Analysts expect earnings of $0.42 per share on revenues of $5.61 billion. Currently, the company’s P/E ratio stands at 20.58.

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 profit of $0.46 and has not changed. For the current year, the average estimate is a profit of $1.86, which is the same as the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 14,876 14,026 17,015 20,008 21,714
Diluted EPS ($) 0.64 0.55 0.88 1.10 1.23

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 ($) in millions 5,311.39 5,278.18 6,029.96 5,387.38
Diluted EPS ($) 0.29 0.28 0.39 0.26

Past Performance:
Emc has beat analyst estimates 1 time 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)