Multimedia Games Earnings Preview: Can This Streak Continue?

Multimedia Games (NASDAQ:MGAM) will report earnings before markets open on Tuesday, April 30th. Multimedia Games, Inc. designs and develops interactive bingo games as well as related electronic player stations (NYSE:EPS) and equipment. The Company’s products are marketed to Native American bingo halls located throughout the United States. Multimedia’s products include MegaBingo, MegaCash, MegaBingo Lite, MegaMania, FlashCash, Big Hit Bingo, Bingo Express, and MegaRacing.

Here is your Cheat Sheet to Multimedia Games Earnings:

Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $43.20 million. Currently, the company’s P/E ratio stands at 21.15.

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 $0.18 to a profit $0.2. For the current year, the average estimate is a profit of $0.83, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 131.13 127.15 117.94 127.86 156.18
Diluted EPS ($) 0.01 -1.67 0.09 0.20 0.96

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 ($) in millions 34.80 30.13 40.46 41.38 44.30
Diluted EPS ($) 0.21 0.04 0.25 0.2754 0.24

Past Performance:
Multimedia Games has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats 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]