Himax Technologies Earnings Preview: Get Ahead of the Analysts

Himax Technologies (NASDAQ:HIMX) will report earnings before markets open on Thursday, August 15th. Himax Technologies, Inc. designs and manufactures integrated circuits. The Company produces liquid crystal displays (LCD).

Here is your Cheat Sheet to Himax Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.12 per share on revenues of $208.61 million. Currently, the company’s P/E ratio stands at 21.01.

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 $0.1 and has not changed. For the current year, the average estimate is a profit of $0.43, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 833 692 643 633 737
Diluted EPS ($) 0.49 0.21 0.19 0.06 0.30

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 ($) in millions 189.51 190.41 190.64 175.74
Diluted EPS ($) 0.09 0.06 0.08 0.08

Past Performance:
Himax Technologies 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)