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.
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 $0.27, which is worse than the estimate ninety days ago.
Here’s how Sierra Wireless has been performing on an annual basis:
|Revenue ($) 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|
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] wallstcheatsheet.com)