Sierra Wireless Earnings Preview: Can This Streak Continue?

Sierra Wireless (NASDAQ:SWIR) will report earnings after markets close on Thursday, May 2nd. Sierra Wireless Inc. is a wireless data communications equipment company. The Company delivers a variety of products including PC cards for portable computers, ruggedized vehicle-mounted modems, original equipment manufacturer modules for embedded applications, telemetry modems, and software tools and utilities.

Here is your Cheat Sheet to Sierra Wireless Earnings:

Earnings Expectations: Analysts expect earnings of $-0.05 per share on revenues of $100.05 million. Currently, the company’s P/E ratio stands at 12.16.

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 $0.25 to a profit $0.04. For the current year, the average estimate is a profit of $0.27, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 567.31 526.38 358.00 333.18 397.32
Diluted EPS ($) 2.00 -1.29 -0.47 -0.94 0.88

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 ($) in millions -97.82 150.27 167.44 162.64 -83.02
Diluted EPS ($) -0.4397 0.01 0.11 0.12 0.6409

Past Performance:
Sierra Wireless 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]