Premiere Global Services Earnings Preview: Get Ahead of the Analysts

Premiere Global Services (NYSE:PGI) will report earnings after markets close on Thursday, July 18th. Premiere Global Services, Inc. provides outsourced business process solutions. The Company offers communication technologies-based solutions within conferencing, desktop fax, document delivery, accounts receivable management, notifications & reminders, and emarketing that enable customers to automate and simplify their daily business processes.

Here is your Cheat Sheet to Premiere Global Services Earnings:

Earnings Expectations: Analysts expect earnings of $0.20 per share on revenues of $132.12 million. Currently, the company’s P/E ratio stands at 20.46.

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 $0.22 to a profit $0.21. For the current year, the average estimate is a profit of $0.82, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Premiere Global Services has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 624 602 442 474 505
Diluted EPS ($) 0.60 0.23 0.08 0.43 0.57

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 ($) in millions 127.01 125.89 125.77 129.49
Diluted EPS ($) 0.13 0.12 0.20 0.15

Past Performance:
Premiere Global Services 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)

More Articles About:   , ,  

More from The Cheat Sheet