Lsi Earnings: What Investors Should Watch

Lsi (NYSE:LSI) will report earnings after markets close on Wednesday, July 24th. LSI Corporation designs, develops, manufactures, and markets integrated circuits and storage systems. The Company offers products and services for a variety of electronic systems applications that are marketed to original equipment manufacturers in the networking, telecommunications and wireless, computers, consumer products, and storage industries.

Here is your Cheat Sheet to Lsi Earnings:

Earnings Expectations: Analysts expect earnings of $0.13 per share on revenues of $580.71 million. Currently, the company’s P/E ratio stands at 31.84.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.16 and has not changed. For the current year, the average estimate is a profit of $0.64, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,677 2,219 2,570 2,044 2,506
Diluted EPS ($) -0.96 -0.07 0.06 0.55 0.35

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 ($) in millions 659.57 623.96 600.13 568.64
Diluted EPS ($) 0.10 0.07 0.05 0.03

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

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]