FLIR Systems Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component FLIR Systems, Inc. (NASDAQ:FLIR) will unveil its latest earnings on Friday, February 10, 2012. FLIR Systems designs and manufactures thermal imaging systems used for a variety of applications in commercial, industrial and government markets across the globe.

FLIR Systems, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 45 cents per share, a rise of 4.7% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 1.9% versus last year to $1.53.

Past Earnings Performance: Last quarter, the company topped expectations by 6 cents, coming in at net income of 43 cents per share versus a mean estimate of profit of 37 cents per share. This followed two straight quarters of missing estimates.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

Wall St. Revenue Expectations: On average, analysts predict $436.1 million in revenue this quarter, a rise of 0.4% from the year ago quarter. Analysts are forecasting total revenue of $1.57 billion for the year, a rise of 12.9% from last year’s revenue of $1.39 billion.

Analyst Ratings: Analysts are bullish on FLIR Systems as five analysts rate it as a buy, one rates it as a sell and four rate it as a hold.

A Look Back: In the third quarter, profit rose 2.8% to $64.7 million (40 cents a share) from $63 million (39 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 11.7% to $371.3 million from $332.5 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 24.7%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 39.4% from the year earlier quarter.

The increase in profit in the third quarter broke a streak of two consecutive quarters of year-over-year profit decreases. The figure dropped 50.7% in the second quarter and 8.2% in the first quarter.

Stock Price Performance: During November 8, 2011 to February 6, 2012, the stock price had fallen $1.50 (-5.4%) from $27.55 to $26.05. The stock price saw one of its best stretches over the last year between November 1, 2011 and November 8, 2011 when shares rose for six-straight days, rising 9.2% (+$2.33) over that span. It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10-straight days, falling 15.4% (-$4.42) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Don’t Miss These Additional Hot Stories:

These Retailers Continue to Confuse Investors

Golden Cross Accomplished, Should You Buy?

Is 2012 the Year of the Golden Dragon?

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com