MEMC Electronic Materials Earnings: What Investors Should Watch

MEMC Electronic Materials (NYSE:WFR) will report earnings before markets open on Thursday, May 9th. MEMC Electronic Materials, Inc. produces silicon wafers. The Company’s products are used in computers, telecommunications equipment, automobiles, consumer electronics products, industrial automation and control systems, and analytical and defense systems. MEMC operates manufacturing facilities in Italy, Japan, Malaysia, South Korea, Taiwan, and the United States.

Here is your Cheat Sheet to Memc Electronic Materials Earnings:

Earnings Expectations: Analysts expect earnings of $-0.14 per share on revenues of $423.14 million.

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 $0.03 to a loss $0.02. For the current year, the average estimate is a profit of $0.2, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Memc Electronic Materials has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,004 1,164 2,239 2,716 2,530
Diluted EPS ($) 1.69 -0.31 0.15 -6.68 -0.66

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 ($) in millions 717.80 519.20 808.40 601.60 600.70
Diluted EPS ($) -6.440 -0.40 -0.27 0.16 -0.0510

Past Performance:
Memc Electronic Materials 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]