Rimage Earnings: What Investors Should Watch

Rimage (NASDAQ:RIMG) will report earnings after markets close on Wednesday, July 24th. Rimage Corporation designs, manufactures, and markets CD recordable (CD-R) and computer diskette duplication and production equipment. The Company provides high volume data duplication services on tape, diskette, CD-R, and CD-ROM. Rimage markets its products under The Perfect Image brand name.

Here is your Cheat Sheet to Rimage Earnings:

Earnings Expectations: Analysts expect earnings of $-0.37 per share on revenues of $19.50 million.

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 loss of $0.04 to a loss $0.23. For the current year, the average estimate is a loss of $1.16, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 91 83 89 84 79
Diluted EPS ($) 0.97 0.89 0.80 0.29 -4.85

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 ($) in millions 18.28 20.95 20.75 19.50
Diluted EPS ($) -0.27 -4.23 -0.12 -0.46

Past Performance:
Rimage has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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