Teradyne Earnings Preview: Can This Streak Continue?

Teradyne (NYSE:TER) will report earnings after markets close on Wednesday, April 24th. Teradyne, Inc. designs, manufactures, sells, and supports semiconductor test products and services on a world wide basis. The Company’s test equipment products and services include: semiconductor test systems, military/aerospace test instrumentation and systems, circuit-board test and inspection systems and automotive diagnostic and test systems.

Here is your Cheat Sheet to Teradyne Earnings:

Earnings Expectations: Analysts expect earnings of $0.03 per share on revenues of $274.59 million. Currently, the company’s P/E ratio stands at 15.21.

Analyst Trends:

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 $0.53 to a profit $0.44. For the current year, the average estimate is a profit of $1.42, which is worse than the estimate ninety days ago.

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Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,107 777.42 1,566 1,429 1,657
Diluted EPS ($) -2.31 -0.77 1.75 1.63 0.94

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 ($) in millions 296.99 396.67 548.28 463.39 248.40
Diluted EPS ($) 0.57 0.15 0.49 0.39 -0.09

Past Performance:
Teradyne has beat analyst estimates 4 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)