Quality Systems Earnings Preview: Can This Streak Finally End?

Quality Systems (NASDAQ:QSII) will report earnings before markets open on Thursday, May 23rd. Quality Systems, Inc. develops and markets healthcare information systems. The Company’s systems automate medical and dental group practices, physical hospital organizations, management service organizations, community health centers, and dental schools.

Here is your Cheat Sheet to Quality Systems Earnings:

Earnings Expectations: Analysts expect earnings of $0.28 per share on revenues of $117.31 million. Currently, the company’s P/E ratio stands at 18.42.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.28 and has not changed. For the current year, the average estimate is a profit of $1.07, which is worse than the estimate ninety days ago.

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Earnings Trends:

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

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 246 292 353 430
Diluted EPS ($) 0.81 0.84 1.06 1.28

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

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 108.99 118.30 116.13 114.51
Diluted EPS ($) 0.25 0.26 0.26 0.26

Past Performance:
Quality Systems has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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