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.

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 $0.47 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.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)