Tibco Software Second Quarter Earnings Sneak Peek

Tibco Software Inc. (NASDAQ:TIBX) will unveil its latest earnings on Thursday, June 28, 2012. TIBCO Software is a provider of infrastructure software. It offers a range of standards-based infrastructure software solutions that help organizations achieve the benefits of real-time business.

Tibco Software Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 17 cents per share, a rise of 21.4% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 18 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 17 cents during the last month. For the year, analysts are projecting profit of 92 cents per share, a rise of 9.5% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting net income of 15 cents per share against a mean estimate of profit of 14 cents per share.

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A Look Back: In the first quarter, profit rose 29.4% to $20.6 million (12 cents a share) from $16 million (9 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 21.8% to $225.7 million from $185.3 million.

Stock Price Performance: Between April 26, 2012 and June 22, 2012, the stock price had fallen $6.57 (-19.8%), from $33.26 to $26.69. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 7, 2011, when shares rose for 10 straight days, increasing 20% (+$5.20) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight straight days, dropping 15.9% (-$4.87) over that span.

Wall St. Revenue Expectations: On average, analysts predict $244.7 million in revenue this quarter, a rise of 13% from the year-ago quarter. Analysts are forecasting total revenue of $1.06 billion for the year, a rise of 15.2% from last year’s revenue of $920.3 million.

Key Stats:

The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 22.7% over the last four quarters.

After experiencing income increases the last three quarters, the company is hoping to keep the good news coming with this earnings announcement. Net income rose 35.6% in the third quarter of the last fiscal year and 38.4% in the fourth quarter of the last fiscal year before increasing again in the first quarter.

Analyst Ratings: With 10 analysts rating the stock a buy, none rating it a sell and six rating the stock a hold, there are indications of a bullish stance by analysts.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.72 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.

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

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