Imax Earnings Preview: Get Ahead of the Analysts
Imax (NASDAQ:IMAX) will report earnings before markets open on Thursday, July 25th. Imax Corporation designs and manufactures projection and sound systems for giant-screen theaters and designs custom attractions, including motion simulation theaters, for both large-scale attractions and smaller venues. The Company also manufactures digital image delivery systems in the form of digital projectors.
Here is your Cheat Sheet to Imax Earnings:
Earnings Expectations: Analysts expect earnings of $0.26 per share on revenues of $76.22 million. Currently, the company’s P/E ratio stands at 41.46.
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 $0.27 to a profit $0.2. For the current year, the average estimate is a profit of $0.87, which is worse than the estimate ninety days ago.
Here’s how Imax has been performing on an annual basis:
|Revenue ($) in millions||106||171||249||237||284|
|Diluted EPS ($)||-0.79||0.09||1.51||0.23||0.00|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||70.21||80.71||77.77||49.87|
|Diluted EPS ($)||0.16||0.22||0.19||0.04|
Imax 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)