TriQuint Semiconductor Earnings Preview: Get Ahead of the Analysts

TriQuint Semiconductor (NASDAQ:TQNT) will report earnings after markets close on Wednesday, April 24th. TriQuint Semiconductor, Inc. designs, develops, manufactures, and markets a variety of high performance analog and mixed signal integrated circuits for the communications markets. The Company utilizes its proprietary gallium arsenide technology to enable its products to overcome the performance barriers of silicon devices in various applications. TriQuint’s products are sold worldwide.

Here is your Cheat Sheet to Triquint Semiconductor Earnings:

Earnings Expectations: Analysts expect earnings of $-0.12 per share on revenues of $186.40 million.

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 $0.01 to a loss $0.09. For the current year, the average estimate is a loss of $0.11, which is worse than the estimate ninety days ago.

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Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 573.43 654.30 878.70 896.08 829.17
Diluted EPS ($) -0.10 0.11 1.17 0.28 -0.16

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 ($) in millions 226.99 216.73 178.00 200.82 233.62
Diluted EPS ($) 0.02 0.01 -0.08 -0.07 -0.02

Past Performance:
Triquint Semiconductor has beat analyst estimates 3 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)