Netgear Earnings Preview: Get Ahead of the Analysts
Netgear (NASDAQ:NTGR) will report earnings after markets close on Thursday, April 25th. NETGEAR, Inc. provides networking products designed for small businesses and homes. The Company’s suite of products enables small businesses and homes to share Internet access, peripherals, digital content, and applications among multiple personal computers and other Internet-enabled devices. NETGEAR markets and sells its products through distributors to a network of resellers.
Here is your Cheat Sheet to Netgear Earnings:
Earnings Expectations: Analysts expect earnings of $0.59 per share on revenues of $299.66 million. Currently, the company’s P/E ratio stands at 12.35.
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 $0.64 to a profit $0.62. For the current year, the average estimate is a profit of $2.68, which is worse than the estimate ninety days ago.
Here’s how Netgear has been performing on an annual basis:
|Revenue ($) in millions||743.34||686.60||902.05||1,181||1,272|
|Diluted EPS ($)||0.51||0.27||1.41||2.41||2.23|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||309.16||325.62||320.66||315.21||310.44|
|Diluted EPS ($)||0.60||0.65||0.56||0.61||0.41|
Netgear has beat analyst estimates 2 times 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)