RealD, Inc. First Quarter Earnings Sneak Peek

RealD, Inc. (NYSE:RLD) will unveil its latest earnings on Thursday, July 28, 2011. RealD Inc is engaged in global licensor of 3D technologies. Its extensive intellectual property portfolio enables a premium 3D viewing experience in the theater, the home and elsewhere.

RealD, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 6 cents per share, a decline of 33.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 9 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 6 cents during the last month. For the year, analysts are projecting profit of 45 cents per share, a swing from a loss of 29 cents last year.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the fourth quarter of the last fiscal year, it reported net income of 8 cents per share against a mean estimate of net loss of 16 cents per share. In the third quarter of the last fiscal year, it missed forecasts by 21 cents.

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Analyst Ratings: Analysts are bullish on this stock with 11 analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

Key Stats:

RealD’s profit in the latest quarter follows losses in the previous two quarters. The company reported a profit of $4.5 million in the fourth quarter of the last fiscal year, a loss of $16.6 million in the third quarter of the last fiscal year and a loss of $4 million in the second quarter of the last fiscal year.

Competitors to Watch: Ballantyne Strong, Inc. (AMEX:BTN), Avid Technology, Inc. (NASDAQ:AVID), IMAX Corporation (NASDAQ:IMAX), Chyron Corporation (NASDAQ:CHYR), Dolby Labs (NYSE:DLB), Best Buy (NYSE:BBY), Systemax (NYSE:SYX), Regal Entertainment (NYSE:RGC), Cinemark (NYSE:CNK), Carmike (NASDAQ:CKEC) and Digislide Holdings Ltd (NYSE:DGI).

Stock Price Performance: During May 27, 2011 to June 3, 2011, the stock price had dropped $5.51 (-17.8%) from $30.90 to $25.39. The stock price saw one of its best stretches over the last year between October 21, 2010 and November 4, 2010 when shares rose for 11-straight days, rising 49% (+$8.90) over that span. It saw one of its worst periods between August 18, 2010 and August 27, 2010 when shares fell for eight-straight days, falling 11.3% (-$2.18) over that span. Shares are down 53 cents (-2%) year to date.

(Source: Xignite Financials)

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