Magnachip Semiconductor Earnings Preview: Can This Streak Continue?

Magnachip Semiconductor (NYSE:MX) will report earnings after markets close on Tuesday, April 30th. Magnachip Semiconductor Corporation designs, develops, and manufactures mixed-signal and digital multimedia semiconductors.

Here is your Cheat Sheet to Magnachip Semiconductor Earnings:

Earnings Expectations: Analysts expect earnings of $0.47 per share on revenues of $205.14 million. Currently, the company’s P/E ratio stands at 2.97.

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 $0.59 to a profit $0.6. For the current year, the average estimate is a profit of $2.5, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 601.66 560.07 770.40 772.83 819.59
Diluted EPS ($) 16.53 1.89 0.55 5.16

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 ($) in millions 180.83 177.00 202.63 221.87 218.08
Diluted EPS ($) 0.5561 0.40 0.12 1.30 3.394

Past Performance:
Magnachip Semiconductor has beat analyst estimates 4 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]