Tellabs Fourth Quarter Earnings Sneak Peek

Tellabs, Inc. (NASDAQ:TLAB) will unveil its latest earnings tomorrow, Thursday, January 31, 2013. Tellabs designs and markets equipment to telecommunications service providers worldwide.

Tellabs, Inc. Earnings Preview Cheat Sheet

The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month.

Past Earnings Performance: Last quarter, the company met expectations by reporting 0 cents per share last quarter. In the previous second quarter, the company beat estimates by 2 cents.

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A Look Back: In the third quarter, the company’s loss narrowed to a loss of $3.9 million (one cent a share) from a loss of $138.2 million (38 cents) a year earlier, meeting analyst expectations. Revenue fell 15.7% to $264.4 million from $313.8 million.

Here’s how Tellabs traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:

tlab

Wall St. Revenue Expectations: On average, analysts predict $254.2 million in revenue this quarter, a decline of 19.8% from the year-ago quarter. Analysts are forecasting total revenue of $1.06 billion for the year, a decline of 17.8% from last year’s revenue of $1.29 billion.

Analyst Ratings: There are mostly holds on the stock with eight of 10 analysts surveyed giving that rating.

Key Stats:

On the top line, the company is hoping to use this earnings announcement to snap a string of four-straight quarters of revenue decreases. Revenue fell 23.2% in the fourth quarter of the last fiscal year, 20% in first quarter and 13.8% in the second quarter and then fell again in the third quarter.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 3.38 last quarter. Having a ratio above 2:1 is usually considered a good indicator of a company’s liquidity and ability to meet creditor demands.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)