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.
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 $0.64, which is worse than the estimate ninety days ago.
Here’s how Polycom has been performing on an annual basis:
|Revenue ($) 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|
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)