Polycom Earnings Preview: Can This Streak Continue?

Polycom (NASDAQ:PLCM) will report earnings after markets close on Tuesday, July 23rd. Polycom, Inc. develops, manufactures, and markets a line of video, voice, data and web conferencing collaboration solutions. The solutions include enterprise video and voice communications end-points, network infrastructure, management products, product maintenance and other professional services.

Here is your Cheat Sheet to Polycom Earnings:

Earnings Expectations: Analysts expect earnings of $0.14 per share on revenues of $341.47 million.

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 $0.18 to a profit $0.16. For the current year, the average estimate is a profit of $0.64, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,069 967 1,218 1,496 1,393
Diluted EPS ($) 0.44 0.29 0.39 0.75 0.06

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 358.50 335.39 353.03 338.75
Diluted EPS ($) 0.04 -0.08 0.01 0.01

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

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