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.
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 $0.26, which is worse than the estimate ninety days ago.
Here’s how Ikanos Communications has been performing on an annual basis:
|Revenue ($) 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|
Ikanos Communications has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)