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.
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 $2.07, which is better than the estimate ninety days ago.
Here’s how Rovi has been performing on an annual basis:
|Revenue ($) 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|
Rovi 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)