Cavium Networks Earnings Preview: Can This Streak Continue?

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Cavium Networks (NASDAQ:CAVM) will report earnings after markets close on Tuesday, April 30th. Cavium Networks, Inc. provides semiconductor processors that enable intelligent networking, communications and security applications. The Company offers a broad portfolio of software compatible processors and accelerator boards ranging in performance from 10 Mbps to 10 Gbps.

Here is your Cheat Sheet to Cavium Networks Earnings:

Earnings Expectations: Analysts expect earnings of $0.18 per share on revenues of $69.27 million.

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 $0.22 and has not changed. For the current year, the average estimate is a profit of $1.01, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 86.61 101.21 206.50 259.20 235.48
Diluted EPS ($) 0.04 -0.52 0.77 0.00 -2.26

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 ($) in millions 56.29 52.74 55.29 61.08 66.37
Diluted EPS ($) -0.1920 -0.28 -0.24 -0.16 -1.561

Past Performance:
Cavium Networks has beat analyst estimates 4 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)

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