Digi International Earnings Preview: Can This Streak Continue?
Digi International (NASDAQ:DGII) will report earnings after markets close on Thursday, July 25th. Digi International Inc. provides communications adapters that enable open systems, server-based applications. The Company also produces local area networking products. Digi markets its products through a global network of distributors, systems integrators, value added resellers, and original equipment manufacturers.
Here is your Cheat Sheet to Digi International Earnings:
Earnings Expectations: Analysts expect earnings of $0.06 per share on revenues of $49.03 million. Currently, the company’s P/E ratio stands at 39.54.
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 $0.13 to a profit $0.09. For the current year, the average estimate is a profit of $0.23, which is worse than the estimate ninety days ago.
Here’s how Digi International has been performing on an annual basis:
|Revenue ($) in millions||185||166||183||204||191|
|Diluted EPS ($)||0.47||0.16||0.35||0.43||0.29|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||47.63||47.25||46.99||48.20|
|Diluted EPS ($)||0.09||0.09||0.05||0.04|
Digi International has beat analyst estimates 4 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)