Rovi Earnings Preview: Can This Streak Continue?

Rovi (NASDAQ:ROVI) will report earnings after markets close on Wednesday, May 1st. Rovi Corporation provides digital home entertainment experience by delivering solutions to businesses to protect, enhance an distribute digital goods to consumers across multiple channels. The Company’s services and products include connected middleware, media recognition, interactive programming guides, copy protection and rich media.

Here is your Cheat Sheet to Rovi Earnings:

Earnings Expectations: Analysts expect earnings of $0.46 per share on revenues of $152.58 million.

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 $0.45 to a profit $0.46. For the current year, the average estimate is a profit of $2.07, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 330.04 480.45 541.49 680.98 650.57
Diluted EPS ($) -1.32 -0.52 1.94 -0.36 -0.33

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 ($) in millions 167.37 174.99 158.32 169.57 147.69
Diluted EPS ($) -0.4587 -0.04 -0.17 -0.13 0.0210

Past Performance:
Rovi has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

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