Qlik Technologies Earnings Preview: Get Ahead of the Analysts

Qlik Technologies (NASDAQ:QLIK) will report earnings after markets close on Thursday, April 25th. QLIK Technologies Inc. develops business intelligence solutions. The Company’s software platform combines enterprise-class analytics and search functionality into a single platform.

Here is your Cheat Sheet to Qlik Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $-0.12 per share on revenues of $91.26 million. Currently, the company’s P/E ratio stands at 599.00.

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 $0.03 to a profit $0.02. For the current year, the average estimate is a profit of $0.4, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 118.26 157.36 226.52 320.62 388.54
Diluted EPS ($) 0.01 0.06 0.21 0.11 0.04

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 ($) in millions 108.05 79.16 85.80 86.10 137.48
Diluted EPS ($) 0.19 -0.09 -0.02 0.00 0.15

Past Performance:
Qlik Technologies has beat analyst estimates 3 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] wallstcheatsheet.com)