ID Systems Earnings Preview: Can This Streak Finally End?

Id Systems (NASDAQ:IDSY) will report earnings after markets close on Thursday, May 9th. I.D. Systems, Inc. designs, develops, and produces a wireless monitoring and tracking system that uses radio frequency technology. The Company’s system monitors, tracks, analyzes, and controls the movement of vehicles, equipment, and packages.

Here is your Cheat Sheet to Id Systems Earnings:

Earnings Expectations: Analysts expect earnings of $-0.03 per share on revenues of $10.09 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 profit of $0.08 to a profit $0.05. For the current year, the average estimate is a profit of $0.35, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Id Systems has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 27.05 10.32 25.86 39.29 44.64
Diluted EPS ($) -0.38 -1.20 -1.12 -0.36 -0.22

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 ($) in millions 11.84 9.81 8.68 15.48 10.66
Diluted EPS ($) -0.0015 -0.14 -0.18 0.18 -0.0887

Past Performance:
Id Systems has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)