Electronics For Imaging Second Quarter Earnings Sneak Peek

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Electronics For Imaging, Inc. (NASDAQ:EFII) will unveil its latest earnings on Thursday, July 19, 2012. Electronics For Imaging deals in color digital print controllers, super-wide format printers, and inks and print management solutions.

Electronics For Imaging, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 22 cents per share, a rise of 83.3% from the company’s actual earnings in the year-ago quarter. During the past three months, the average estimate has moved up from 18 cents. Between one and three months ago, the average estimate moved up. It has risen from 21 cents during the last month. Analysts are projecting profit to rise by 17.7% versus last year to 93 cents.

Past Earnings Performance: Last quarter, the company beat estimates by one cent, coming in at net income of 20 cents per share against an estimate of profit of. The company also topped expectations in the fourth quarter of the last fiscal year.

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Wall St. Revenue Expectations: On average, analysts predict $162.4 million in revenue this quarter, a rise of 15% from the year-ago quarter. Analysts are forecasting total revenue of $665.7 million for the year, a rise of 12.5% from last year’s revenue of $591.6 million.

Stock Price Performance: Between April 18, 2012 and July 13, 2012, the stock price fell $2.24 (-12.9%), from $17.42 to $15.18. The stock price saw one of its best stretches over the last year between January 19, 2012 and February 3, 2012, when shares rose for 12 straight days, increasing 13.5% (+$2.11) over that span. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight days, dropping 7.2% (-$1.30) over that span.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 2.36 last quarter. Having a ratio above 2:1 is usually considered a good indicator of a company’s liquidity and ability to meet creditor demands. The company regressed in this liquidity measure from 2.86 in the fourth quarter of the last fiscal year to the last quarter driven in part by an increase in liabilities. Current liabilities increased 33.3% to $175.7 million while assets rose 10% to $414.3 million.

Key Stats:

The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 14.8% over the last four quarters.

Analyst Ratings: With four analysts rating the stock a buy, none rating it a sell and none rating the stock a hold, there are indications of a bullish stance by analysts.

A Look Back: In the first quarter, profit fell 0.2% to $6.2 million (13 cents a share) from $6.2 million (13 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 14.3% to $160.1 million from $140.1 million.

Competitors to Watch: Canon Inc., Xerox, Presstek, Inc., Hewlett-Packard, and Duoyuan Printing, Inc.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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