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.
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 $1.34, which is better than the estimate ninety days ago.
Here’s how Synchronoss Technologies has been performing on an annual basis:
|Revenue ($) 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|
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)