Support.com Earnings Preview: Get Ahead of the Analysts
Support.com (NASDAQ:SPRT) will report earnings after markets close on Wednesday, May 1st. Support.com Inc. provides eBusiness infrastructure software. The Company’s software optimizes, automates, and personalizes user support over the Internet. SupportSoft sells its products and services to corporate information technology departments, Internet service providers, application service providers, and support outsourcers.
Here is your Cheat Sheet to Support.com Earnings:
Earnings Expectations: Analysts expect earnings of $0.05 per share on revenues of $19.99 million.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.04 to a profit $0.05. For the current year, the average estimate is a profit of $0.2, which is better than the estimate ninety days ago.
Here’s how Support.com has been performing on an annual basis:
|Revenue ($) in millions||6.81||17.50||44.18||53.84||71.95|
|Diluted EPS ($)||-0.41||-0.31||-0.39||-0.39||-0.11|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||15.00||17.59||17.31||18.18||18.88|
|Diluted EPS ($)||-0.0899||-0.09||-0.05||0.01||0.0262|
Support.com has beat analyst estimates 3 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)