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.

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 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.

Earnings Trends:

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

Fiscal Year 2009 2010 2011 2012
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

Past Performance:
Sharps Compliance has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses 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] wallstcheatsheet.com)

More Articles About:   , , ,  

More from The Cheat Sheet