Ixia Earnings Preview: Get Ahead of the Analysts

Ixia (NASDAQ:XXIA) will report earnings after markets close on Tuesday, April 30th. Ixia provides high speed, multi-port network performance analysis systems. The Company’s systems generate and analyze data traffic, including voice over Internet protocol traffic.

Here is your Cheat Sheet to Ixia Earnings:

Earnings Expectations: Analysts expect earnings of $0.22 per share on revenues of $122.18 million. Currently, the company’s P/E ratio stands at 27.95.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.22 to a profit $0.24. For the current year, the average estimate is a profit of $1, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 175.87 177.99 278.51 311.37 413.43
Diluted EPS ($) -0.24 -0.70 0.19 0.37 0.59

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 ($) in millions 86.66 85.64 92.34 109.55 125.90
Diluted EPS ($) 0.1767 0.06 0.33 0.15 0.0329

Past Performance:
Ixia has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“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)