Micrel Earnings Preview: Get Ahead of the Analysts
Micrel (NASDAQ:MCRL) will report earnings after markets close on Thursday, April 25th. Micrel, Incorporated designs, develops, manufactures, and markets analog power integrated circuits and digital integrated circuits. The Company’s products are used in a wide variety of electronic products, including those in the communications, computer, and industrial markets. Micrel also manufactures custom, analog and mixed-signal circuits and provides wafer foundry services.
Here is your Cheat Sheet to Micrel Earnings:
Earnings Expectations: Analysts expect earnings of $0.07 per share on revenues of $61.20 million. Currently, the company’s P/E ratio stands at 47.90.
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 $0.12 to a profit $0.09. For the current year, the average estimate is a profit of $0.4, which is worse than the estimate ninety days ago.
Here’s how Micrel has been performing on an annual basis:
|Revenue ($) in millions||259.36||218.89||297.37||259.02||250.11|
|Diluted EPS ($)||0.40||0.26||0.81||0.54||0.20|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||58.78||61.15||63.70||62.93||62.33|
|Diluted EPS ($)||0.08||0.09||0.10||0.08||-0.07|
Micrel has beat analyst estimates 1 time 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)