Global Sources Earnings Preview: Get Ahead of the Analysts

Global Sources (NASDAQ:GSOL) will report earnings before markets open on Tuesday, May 14th. Global Sources Ltd. creates and facilitates global trade between buyers and suppliers. The Company’s integrated sourcing and marketing solutions enable importers to buy, and exporters to sell, more effectively and profitably. Global Sources aggregates and formats industry-specific supplier and product information, then delivers this content to its buyer community worldwide.

Here is your Cheat Sheet to Global Sources Earnings:

Earnings Expectations: Analysts expect earnings of $0.17 per share on revenues of $31.80 million. Currently, the company’s P/E ratio stands at 7.56.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.28 to a profit $0.32. For the current year, the average estimate is a profit of $0.89, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 206.89 172.91 196.65 225.06 231.74
Diluted EPS ($) 0.51 0.31 0.61 0.83 0.90

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 ($) in millions 74.01 38.92 66.78 59.10 66.94
Diluted EPS ($) 0.3360 0.09 0.27 0.23 0.3121

Past Performance:
Global Sources has beat analyst estimates 3 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]