Heartware International Earnings Preview: Get Ahead of the Analysts

Heartware International (NASDAQ:HTWR) will report earnings after markets close on Monday, April 29th. HeartWare International Inc is developing a range of implantable mechanical circulatory assist devices or heart pumps, used for the treatment of congestive heart failure.

Here is your Cheat Sheet to Heartware International Earnings:

Earnings Expectations: Analysts expect earnings of $-1.21 per share on revenues of $39.78 million.

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 loss of $0.9 to a loss $1.03. For the current year, the average estimate is a loss of $3.8, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 0.33 24.17 55.16 82.76 110.92
Diluted EPS ($) -3.00 -2.15 -2.17 -3.94 -6.15

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 ($) in millions 23.06 26.35 29.05 22.86 32.66
Diluted EPS ($) -1.53 -1.33 -1.61 -1.75 -1.46

Past Performance:
Heartware International 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)