Ixia Earnings Preview: Get Ahead of the Analysts
Ixia (NASDAQ:XXIA) will report earnings after markets close on Tuesday, April 30th. Ixia provides high speed, multi-port network performance analysis systems. The Company’s systems generate and analyze data traffic, including voice over Internet protocol traffic.
Here is your Cheat Sheet to Ixia Earnings:
Earnings Expectations: Analysts expect earnings of $0.22 per share on revenues of $122.18 million. Currently, the company’s P/E ratio stands at 27.95.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.22 to a profit $0.24. For the current year, the average estimate is a profit of $1, which is better than the estimate ninety days ago.
Here’s how Ixia has been performing on an annual basis:
|Revenue ($) in millions||175.87||177.99||278.51||311.37||413.43|
|Diluted EPS ($)||-0.24||-0.70||0.19||0.37||0.59|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||86.66||85.64||92.34||109.55||125.90|
|Diluted EPS ($)||0.1767||0.06||0.33||0.15||0.0329|
Ixia 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)