TiVo Inc. Third Quarter Earnings Sneak Peek

TiVo, Inc. (NASDAQ:TIVO) will unveil its latest earnings on Tuesday, November 22, 2011. Tivo is a provider of technology and services for digital video recorders.

TiVo, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 23 cents per share, a wider loss from the year earlier quarter net loss of 18 cents. During the past three months, the average estimate has moved down from a loss of 18 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 23 cents during the last month. Analysts are projecting net income of 51 cents per share versus a loss of 74 cents last year.

Past Earnings Performance: The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting net loss of 17 cents per share, and the previous quarter, it had a loss of 29 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 22.6% in revenue from the year-earlier quarter to $50.6 million.

Analyst Ratings: Analysts are bullish on this stock with six analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the second quarter, the company’s loss widened to a loss of a $19.6 million (17 cents a share) from a loss of $15.3 million (13 cents) a year earlier, but beat analyst expectations. Revenue rose 18.7% to $61.2 million from $51.5 million.

Key Stats:

A year-over-year revenue increase in the second quarter snapped a streak of three consecutive quarters of revenue declines. Revenue fell 25.5% in the first quarter, 18.5% in the fourth quarter of the last fiscal year and 10.6% in the third quarter of the last fiscal year.

Competitors to Watch: DISH Network Corp. (NASDAQ:DISH), Comcast Corporation (NASDAQ:CMCSA), Virgin Media Inc. (NASDAQ:VMED), DIRECTV (NASDAQ:DTV), Time Warner Cable Inc. (NYSE:TWC), Cablevision Systems Corp. (NYSE:CVC), Netflix (NASDAQ:NFLX) and Echostar Corporation (NASDAQ:SATS).

Stock Price Performance: During August 23, 2011 to November 16, 2011, the stock price had risen $1.98 (24%) from $8.25 to $10.23. The stock price saw one of its best stretches over the last year between August 10, 2011 and August 17, 2011 when shares rose for six-straight days, rising 19.5% (+$1.40) over that span. It saw one of its worst periods between September 27, 2011 and October 3, 2011 when shares fell for five-straight days, falling 14.7% (-$1.53) over that span. Shares are up $1.60 (+18.5%) year to date.

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

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