Key Technology Earnings Preview: Get Ahead of the Analysts
Key Technology (NASDAQ:KTEC) will report earnings after markets close on Thursday, July 25th. Key Technology, Inc. designs, manufactures, sells, and services process automation systems for the food processing industry and other industries such as tobacco, plastics, and pharmaceuticals. The Company’s systems integrate electro-optical automated inspection and sorting systems, specialized conveying systems, and product preparation systems.
Here is your Cheat Sheet to Key Technology Earnings:
Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $36.30 million. Currently, the company’s P/E ratio stands at 30.84.
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 $0.19 to a profit $0.15. For the current year, the average estimate is a profit of $0.57, which is better than the estimate ninety days ago.
Here’s how Key Technology has been performing on an annual basis:
|Revenue ($) in millions||134||105||116||116||115|
|Diluted EPS ($)||1.35||-0.10||0.69||0.27||0.08|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||34.62||27.33||19.85||35.49|
|Diluted EPS ($)||0.05||0.22||-0.16||0.38|
Key Technology 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)