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.

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 $0.07 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.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Move 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] wallstcheatsheet.com)