Ikanos Communications Earnings: What Investors Should Watch

Ikanos Communications (NASDAQ:IKAN) will report earnings after markets close on Thursday, July 25th. Ikanos Communications develops and provides highly programmable semiconductor solutions that enable fiber-fast broadband connectivity over telephone companies’ existing copper lines.

Here is your Cheat Sheet to Ikanos Communications Earnings:

Earnings Expectations: Analysts expect earnings of $-0.10 per share on revenues of $20.00 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 $0.03 to a loss $0.07. For the current year, the average estimate is a loss of $0.26, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Ikanos Communications has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 107 131 192 137 126
Diluted EPS ($) -1.41 -0.97 -0.88 -0.11 -0.25

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 ($) in millions 32.06 31.38 31.76 26.15
Diluted EPS ($) -0.04 -0.09 -0.06 -0.06

Past Performance:
Ikanos Communications 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]