Kemet: Here’s What Investors Need to Know Before Earnings
Kemet (NYSE:KEM) will report earnings before markets open on Thursday, July 25th. KEMET Corporation manufactures and sells solid tantalum and multilayer ceramic capacitors. The Company’s products are used in a wide variety of electronic applications, including communication systems, data processing equipment, personal computers, and military and aerospace systems. KEMET markets its capacitors to original equipment manufacturers around the world.
Here is your Cheat Sheet to Kemet Earnings:
Earnings Expectations: Analysts expect earnings of $-0.22 per share on revenues of $205.35 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 profit of $0.07 to a loss $0.11. For the current year, the average estimate is a loss of $0.3, which is worse than the estimate ninety days ago.
Here’s how Kemet has been performing on an annual basis:
|Revenue ($) in millions||804||736||1,018||985||843|
|Diluted EPS ($)||-10.32||-2.58||1.22||0.00||-1.80|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||223.63||215.99||200.30||203.03|
|Diluted EPS ($)||-0.40||-0.55||-0.32||-0.53|
Kemet has missed analyst estimates 3 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)