Rovi Corporation Fourth Quarter Earnings Sneak Peek

Rovi Corporation (NASDAQ:ROVI) will unveil its latest earnings on Thursday, February 16, 2012. Rovi focuses on powering the discovery and enjoyment of digital entertainment by providing companies a broad set of integrated solutions.

Rovi Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 45 cents per share, no change 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 48 cents. Between one and three months ago, the average estimate moved down. It has risen from 43 cents during the last month. Analysts are projecting profit to rise by 14.5% versus last year to $1.98.

Past Earnings Performance: The company has missed estimates in the last two quarters. In the third quarter, it missed the mark by 16 cents as a result of reporting net income of 30 cents against an estimate of profit of 46 cents per share. In the second quarter, the company fell short of forecasts by 8 cents.

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Wall St. Revenue Expectations: Analysts predict a rise of 38.2% in revenue from the year-earlier quarter to $193.7 million.

Analyst Ratings: Of the 14 analysts surveyed, 11 (78.6%) rate Rovi a buy. This falls under the mean analyst rating of nine competitors, which average 78.9% buy ratings.

A Look Back: In the third quarter, profit fell 95.2% to $1.8 million (2 cents a share) from $36.4 million (33 cents a share) the year earlier, missing analyst expectations. Revenue rose 42.4% to $196.5 million from $138 million.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 43.2% in the second quarter from the year earlier, climbed 24.1% in the first quarter from the year-ago quarter and 1.6% in the fourth quarter of the last fiscal year.

Stock Price Performance: Between December 13, 2011 and February 10, 2012, the stock price had risen $7.49 (29.3%), from $25.57 to $33.06. The stock price saw one of its best stretches over the last year between May 3, 2011 and May 12, 2011, when shares rose for eight straight days, increasing 27.1% (+$12.62) over that span. It saw one of its worst periods between March 24, 2011 and April 5, 2011 when shares fell for nine straight days, dropping 6.7% (-$3.78) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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