EZchip Semiconductor Earnings Preview: Can This Streak Continue?

EZchip Semiconductor (NASDAQ:EZCH) will report earnings before markets open on Wednesday, May 8th. EZchip Semiconductor Ltd. is a fabless semiconductor company that develops Ethernet network processors.

Here is your Cheat Sheet to Ezchip Semiconductor Earnings:

Earnings Expectations: Analysts expect earnings of $0.23 per share on revenues of $15.12 million. Currently, the company’s P/E ratio stands at 42.19.

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 $0.28 to a profit $0.27. For the current year, the average estimate is a profit of $1.14, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 33.57 40.05 62.00 63.46 54.71
Diluted EPS ($) -0.20 0.66 0.52 0.28 0.54

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 ($) in millions 14.27 14.42 15.80 9.29 15.21
Diluted EPS ($) -0.2203 0.18 0.19 0.00 0.1664

Past Performance:
Ezchip Semiconductor has beat analyst estimates 4 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] wallstcheatsheet.com)