ValueClick Inc (NASDAQ:VCLK) will unveil its latest earnings on Thursday, August 2, 2012. ValueClick offers a suite of products and services that enable marketers to advertise and sell their products through online marketing channels such as display advertising, lead generation marketing, email marketing, and search marketing.
ValueClick Inc Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of 22 cents per share, a rise of 4.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 26 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 22 cents during the last month. Analysts are projecting profit to rise by 11.6% versus last year to $1.14.
Past Earnings Performance: Last quarter, the company beat estimates by 2 cents, coming in at net income of 26 cents a share versus the estimate of profit of 24 cents a share. It marked the fourth straight quarter of beating estimates.
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A Look Back: In the first quarter, profit rose 27.9% to $21.6 million (26 cents a share) from $16.9 million (21 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 31.2% to $152.9 million from $116.5 million.
Wall St. Revenue Expectations: Analysts are projecting a rise of 26.2% in revenue from the year-earlier quarter to $157.8 million.
Stock Price Performance: Between May 2, 2012 and July 27, 2012, the stock price fell $5.32 (-24.6%), from $21.60 to $16.28. The stock price saw one of its best stretches over the last year between January 9, 2012 and January 17, 2012, when shares rose for six straight days, increasing 4.8% (+79 cents) over that span. It saw one of its worst periods between June 6, 2012 and June 13, 2012 when shares fell for six straight days, dropping 9.7% (-$1.69) over that span.
The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 31.5% over the last four quarters.
After experiencing income increases the last three quarters, the company is hoping to keep the good news coming with this earnings announcement. Net income rose 4.8% in the third quarter of the last fiscal year and 39.5% in the fourth quarter of the last fiscal year before increasing again in the first quarter.
Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.94 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.
Analyst Ratings: With eight analysts rating the stock a buy, none rating it a sell and five rating the stock a hold, there are indications of a bullish stance by analysts.
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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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