Resmed Earnings Preview: Can This Streak Continue?

Resmed (NYSE:RMD) will report earnings after markets close on Thursday, April 25th. ResMed Inc. develops, manufactures, and markets medical equipment for the treatment of sleep disordered breathing. The Company sells diagnostic and treatment devices in various countries through its subsidiaries and independent distributors.

Here is your Cheat Sheet to Resmed Earnings:

Earnings Expectations: Analysts expect earnings of $0.57 per share on revenues of $387.88 million. Currently, the company’s P/E ratio stands at 22.20.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.58 to a profit $0.61. For the current year, the average estimate is a profit of $2.24, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 835.40 920.74 1,092 1,243 1,369
Diluted EPS ($) 0.70 0.95 1.23 1.44 1.71

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 ($) in millions 332.74 349.07 371.93 339.73 376.54
Diluted EPS ($) 0.42 0.44 0.52 0.49 0.53

Past Performance:
Resmed 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)