Tyco Electronics Earnings Preview: Can This Streak Continue?

Tyco Electronics (NYSE:TEL) will report earnings before markets open on Wednesday, April 24th. Tyco Electronics Ltd. provides engineered electronic components, network solutions, undersea telecommunication systems, and wireless systems. The Company designs, manufactures, and markets products for customers in industries ranging from automotive, appliance, and aerospace and defense to telecommunications, computers, and consumer electronics.

Here is your Cheat Sheet to Tyco Electronics Earnings:

Earnings Expectations: Analysts expect earnings of $0.71 per share on revenues of $3.26 billion. Currently, the company’s P/E ratio stands at 14.90.

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 $0.88 to a profit $0.87. For the current year, the average estimate is a profit of $3.11, which is worse than the estimate ninety days ago.

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Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 14,370 10,260 11,680 13,780 13,280
Diluted EPS ($) 3.47 -7.11 2.41 2.81 2.59

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 ($) in millions 3,170 3,249 3,499 3,364 3,134
Diluted EPS ($) 0.61 0.60 0.46 0.92 0.65

Past Performance:
Tyco Electronics 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)