LSI Industries Earnings Preview: Can This Streak Finally End?

LSI Industries (NASDAQ:LYTS) will report earnings before markets open on Monday, April 29th. LSI Industries Inc. designs, manufactures, and markets a variety of lighting fixtures, menu board systems, and graphic products. The Company sells its products to the petroleum/convenience store market, the multi-site retail market such as restaurants and automobile dealerships, and the commercial/industrial lighting market.

Here is your Cheat Sheet to Lsi Industries Earnings:

Earnings Expectations: Analysts expect earnings of $0.06 per share on revenues of $71.75 million. Currently, the company’s P/E ratio stands at 700.00.

Analyst Trends:

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 $0.16 to a profit $0.13. For the current year, the average estimate is a profit of $0.22, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 305.29 233.80 254.40 293.50 268.40
Diluted EPS ($) -0.60 -0.62 0.06 0.44 0.13

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 ($) in millions 68.77 62.94 71.20 74.72 71.08
Diluted EPS ($) 0.03 -0.02 0.07 0.08 -0.10

Past Performance:
Lsi Industries has missed analyst estimates 4 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]