Athenahealth Earnings Preview: Get Ahead of the Analysts

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Athenahealth (NASDAQ:ATHN) will report earnings after markets close on Thursday, May 2nd. Athenahealth Inc. provides Internet-based business services for physician practices. The Company’s services include a revenue cycle management service that automates and manages billing-related functions for physician practices and includes a practice management platform.

Here is your Cheat Sheet to Athenahealth Earnings:

Earnings Expectations: Analysts expect earnings of $0.23 per share on revenues of $121.17 million. Currently, the company’s P/E ratio stands at 186.16.

Analyst Trends:

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 $0.29 and has not changed. For the current year, the average estimate is a profit of $1.22, which is the same as the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 136.28 188.53 245.54 324.07 422.27
Diluted EPS ($) 0.91 0.27 0.36 0.53 0.50

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

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 92.51 96.57 103.52 105.89 116.30
Diluted EPS ($) 0.1460 0.07 0.11 0.17 0.1587

Past Performance:
Athenahealth has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“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)

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