Move Earnings Preview: Can This Streak Finally End?
Move (NASDAQ:MOVE) will report earnings after markets close on Thursday, May 2nd. Move, Inc. supplies online media and technology to the real estate industry. The Company operates a network of home and real estate Internet websites.
Here is your Cheat Sheet to Move Earnings:
Earnings Expectations: Analysts expect earnings of $0.00 per share on revenues of $53.81 million. Currently, the company’s P/E ratio stands at 93.25.
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 $0.07 to a profit $0.03. For the current year, the average estimate is a profit of $0.16, which is worse than the estimate ninety days ago.
Here’s how Move has been performing on an annual basis:
|Revenue ($) in millions||242.07||212.01||197.50||191.72||199.23|
|Diluted EPS ($)||-0.92||-0.32||-0.54||0.08||0.12|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||47.27||47.74||49.31||49.45||52.74|
|Diluted EPS ($)||0.0826||0.00||0.04||0.04||0.0398|
Move has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
“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)