Sharps Compliance Earnings Preview: Can This Streak Finally End?
Sharps Compliance (NASDAQ:SMED) will report earnings before markets open on Wednesday, August 14th. Sharps Compliance Corp. provides the Sharps by Mail Disposal System to small waste generators to facilitate their compliance with state and federal regulations. The Company tracks, incinerates, and documents the disposal of sharps, including syringes, razors, and needles. Sharps’s target markets include the home healthcare industry and non-healthcare institutional users.
Here is your Cheat Sheet to Sharps Compliance Earnings:
Earnings Expectations: Analysts expect earnings of $-0.04 per share on revenues of $5.18 million.
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 profit of $0.01 to a loss $0.01. For the current year, the average estimate is a loss of $0.17, which is worse than the estimate ninety days ago.
Here’s how Sharps Compliance has been performing on an annual basis:
|Revenue ($) in millions||20||39||19||22|
|Diluted EPS ($)||0.30||0.63||-0.20||-0.24|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||4.54||5.15||5.72||5.41|
|Diluted EPS ($)||-0.19||-0.04||-0.03||-0.06|
Sharps Compliance has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)