Synchronoss Technologies Earnings Preview: Can This Streak Continue?

Synchronoss Technologies (NASDAQ:SNCR) will report earnings after markets close on Wednesday, May 1st. Synchronoss Technologies, Inc. provides e-commerce transaction management solutions to the communications services marketplace.

Here is your Cheat Sheet to Synchronoss Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.28 per share on revenues of $76.62 million. Currently, the company’s P/E ratio stands at 39.29.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.31 and has not changed. For the current year, the average estimate is a profit of $1.34, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Synchronoss Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 110.98 128.80 165.97 229.08 273.69
Diluted EPS ($) 0.37 0.39 0.12 0.43 0.69

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 ($) in millions 62.15 64.56 66.99 68.96 73.18
Diluted EPS ($) 0.2124 0.14 0.31 0.16 0.0886

Past Performance:
Synchronoss Technologies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats 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)

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