NICE Systems Ltd. Earnings: Here’s Why the Stock is Rising Now

NICE Systems Ltd. (NASDAQ:NICE) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 0.35%.

NICE Systems Ltd. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 9.37% to $0.70 in the quarter versus EPS of $0.60 in the year-earlier quarter.

Revenue: Rose 11.26% to $237.68 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: NICE Systems Ltd. reported adjusted EPS income of $0.70 per share. By that measure, the company beat the mean analyst estimate of $0.66. It missed the average revenue estimate of $245.56 million.

Quoting Management: “We are pleased to report record results for the fourth quarter and full year 2012. We ended the year with strong bookings, a record backlog and a healthy pipeline, and expect 2013 to be another year of profitable growth,” said Zeevi Bregman, President and CEO of NICE Systems.

Key Stats (on next page)…

Revenue increased 8.6% from $218.86 million in the previous quarter. EPS increased 9.37% from $0.64 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.62 and has not changed. For the current year, the average estimate is a profit of $2.43, which is the same with that ninety days ago.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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