ValueClick, Inc. (NASDAQ:VCLK) will unveil its latest earnings on Tuesday, August 2, 2011. ValueClick, Inc. offers a suite of products and services that enable marketers to advertise & sell their products through all online marketing channels- display advertising, lead generation marketing, email marketing, search marketing etc.
ValueClick, Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 19 cents per share, a rise of 26.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 18 cents. Between one and three months ago, the average estimate moved up, but has dropped from 20 cents during the last month. For the year, analysts are projecting profit of 91 cents per share, a decline of 7.1% from last year.
Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting net income of 21 cents per share against a mean estimate of profit of 18 cents per share.
Wall St. Revenue Expectations: On average, analysts predict $121.3 million in revenue this quarter, a rise of 21.8% from the year ago quarter. Analysts are forecasting total revenue of $518.5 million for the year, a rise of 20.4% from last year’s revenue of $430.8 million.
Analyst Ratings: Analysts are bullish on ValueClick as eight analysts rate it as a buy, none rate it as a sell and eight rate it as a hold.
The decrease in profit in the first quarter breaks a streak of two consecutive quarters of year-over-year profit increases. Net income fell 20.6% in the first quarter while the figure rose 35.9% in the fourth quarter of the last fiscal year and 44.5% in the third quarter of the last fiscal year.
The company’s revenue has now risen for two straight quarters. In first quarter, revenue increased 21.8% to $116.5 million from the year earlier quarter. In the fourth quarter of the last fiscal year, the figure rose more than fourfold.
Competitors to Watch: Inuvo, Inc. (AMEX:INUV), Harte-Hanks, Inc. (NYSE:HHS), interCLICK Inc (NASDAQ:ICLK), National CineMedia, Inc. (NASDAQ:NCMI), SuperMedia Inc (NASDAQ:SPMD), Lamar Advertising Company (NASDAQ:LAMR), Interpublic Group of Companies, Inc. (NYSE:IPG), and Omnicom Group Inc. (NYSE:OMC).
Stock Price Performance: During May 2, 2011 to July 27, 2011, the stock price had risen $1.12 (6.7%) from $16.69 to $17.81. The stock price saw one of its best stretches over the last year between April 19, 2011 and April 29, 2011 when shares rose for eight-straight days, rising 10.6% (+$1.61) over that span. It saw one of its worst periods between January 11, 2011 and January 21, 2011 when shares fell for eight-straight days, falling 10.9% (-$1.76) over that span. Shares are up $1.78 (+11.1%) year to date.
(Source: Xignite Financials)