Sigma Designs Earnings Preview: Get Ahead of the Analysts
Sigma Designs (NASDAQ:SIGM) will report earnings after markets close on Wednesday, June 12th. Sigma Designs, Inc. designs, manufactures, and markets high-performance, System-on-a-Chip (SoC) semiconductors. The Company serves markets that include IPTV Set-top Boxes, Blu-ray players, HDTV’s, digital media players, and ultra-wideband connectivity markets.
Here is your Cheat Sheet to Sigma Designs Earnings:
Earnings Expectations: Analysts expect earnings of $0.02 per share on revenues of $50.42 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 $0.07 to a profit $0.05. For the current year, the average estimate is a profit of $0.2, which is worse than the estimate ninety days ago.
Here’s how Sigma Designs has been performing on an annual basis:
|Revenue ($) in millions||209||206||287||183||217|
|Diluted EPS ($)||0.95||0.09||0.29||-5.25||-3.08|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||40.26||68.25||63.90||44.20|
|Diluted EPS ($)||-0.42||-0.40||-1.18||-1.05|
Sigma Designs has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)