Ultratech Earnings: What Investors Should Watch
Ultratech (NASDAQ:UTEK) will report earnings before markets open on Thursday, July 18th. Ultratech, Inc. designs, manufactures and markets photolithography equipment used worldwide in the fabrication of semiconductor and nanotechnology devices. The Company has expanded its technology scope in pioneering laser processing technology for IC manufacturing.
Here is your Cheat Sheet to Ultratech Earnings:
Earnings Expectations: Analysts expect earnings of $0.04 per share on revenues of $44.56 million. Currently, the company’s P/E ratio stands at 20.47.
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 $0.47 to a profit $0.16. For the current year, the average estimate is a profit of $1.07, which is worse than the estimate ninety days ago.
Here’s how Ultratech has been performing on an annual basis:
|Revenue ($) in millions||132||96||141||212||235|
|Diluted EPS ($)||0.50||0.09||0.67||1.47||1.70|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||59.11||60.55||65.59||60.65|
|Diluted EPS ($)||0.41||0.45||0.48||0.48|
Ultratech 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)