Zix Earnings Preview: Get Ahead of the Analysts
Zix (NASDAQ:ZIXI) will report earnings after markets close on Tuesday, July 23rd. Zix Corporation provides hosted internet applications in SaaS models that require high security. Two core businesses: Email Encryption for regulatory compliance and protecting sensitive communications and e-Prescribing, which provides real-time access to critical information at the point-of-care to enhance the electronic transmission of prescriptions directly to pharmacies.
Here is your Cheat Sheet to Zix Earnings:
Earnings Expectations: Analysts expect earnings of $0.03 per share on revenues of $11.66 million. Currently, the company’s P/E ratio stands at 31.64.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.05 and has not changed. For the current year, the average estimate is a profit of $0.19, which is better than the estimate ninety days ago.
Here’s how Zix has been performing on an annual basis:
|Revenue ($) in millions||28||31||33||38||43|
|Diluted EPS ($)||-0.09||-0.07||0.62||0.34||0.17|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||10.34||11.02||11.69||11.76|
|Diluted EPS ($)||0.04||0.03||0.06||0.01|
Zix has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)