OpenTable Earnings Preview: Can This Streak Continue?

OpenTable (NASDAQ:OPEN) will report earnings after markets close on Thursday, May 2nd. OpenTable, Inc. provides free, real-time online restaurant reservations for diners through an online booking service. The Company also offers reservation and guest management solutions for restaurants. OpenTable allows users to search for tables based on desired criteria for cuisine, price, and location.

Here is your Cheat Sheet to Opentable Earnings:

Earnings Expectations: Analysts expect earnings of $0.43 per share on revenues of $45.58 million. Currently, the company’s P/E ratio stands at 53.59.

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 $0.48 to a profit $0.47. For the current year, the average estimate is a profit of $1.91, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 55.84 68.60 98.99 139.52 161.63
Diluted EPS ($) -0.10 0.22 0.58 0.88 1.03

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 ($) in millions 37.16 39.37 39.56 39.74 42.97
Diluted EPS ($) 0.2898 0.21 0.25 0.26 0.3185

Past Performance:
Opentable 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]