Net 1 UEPS Technologies Earnings Preview: Get Ahead of the Analysts

Net 1 Ueps Technologies (NASDAQ:UEPS) will report earnings after markets close on Thursday, May 9th. Net 1 UEPS Technologies, Inc. holds a non-exclusive worldwide license to the Universal Electronic Payment System (NASDAQ:UEPS). The Company commercializes the smart card based service through alliances with banks, card services, and retail organizations.

Here is your Cheat Sheet to Net 1 Ueps Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.17 per share on revenues of $111.07 million. Currently, the company’s P/E ratio stands at 36.49.

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 $0.36 to a profit $0.28. For the current year, the average estimate is a profit of $0.88, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Net 1 Ueps Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 254.06 246.82 280.36 343.42 390.26
Diluted EPS ($) 1.50 1.53 0.84 0.06 0.99

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 ($) in millions 92.06 90.66 107.62 111.68 111.44
Diluted EPS ($) 0.56 0.17 -0.1753 0.15 0.06

Past Performance:
Net 1 Ueps Technologies has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)