Xyratex Earnings: Your Sneak Peek to the Big Announcement

Xyratex (NASDAQ:XRTX) will report earnings after markets close on Monday, July 1st. Xyratex Ltd. provides enterprise class data storage subsystems and network technology. The Company designs and manufactures enabling technology that provides OEM and disk drive manufacturer customers with data storage products that support high-performance storage and data communication networks.

Here is your Cheat Sheet to Xyratex Earnings:

Earnings Expectations: Analysts expect earnings of $-0.05 per share on revenues of $203.16 million. Currently, the company’s P/E ratio stands at 174.00.

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 $0.15 to a profit $0.09. For the current year, the average estimate is a profit of $0.08, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,050 868 1,602 1,448 1,159
Diluted EPS ($) -1.64 -0.56 4.46 0.92 0.63

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012 Feb. 28, 2013
Revenue ($) in millions 322.12 275.67 265.45 195.60
Diluted EPS ($) 0.24 0.28 -0.29 -0.19

Past Performance:
Xyratex 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)