LTX-credence Earnings: What Investors Should Watch
LTX-credence (NASDAQ:LTXC) will report earnings before markets open on Wednesday, May 22nd. LTX-Credence Corporation designs, manufactures, and markets automatic test equipment for the semiconductor industry. These products are used to test system-on-a-chip, digital, analog, and mixed-signal integrated circuits. The Company also sells service and applications support for its test systems.
Here is your Cheat Sheet to Ltx-credence Earnings:
Earnings Expectations: Analysts expect earnings of $-0.06 per share on revenues of $38.19 million.
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 $0.14 to a profit $0.04. For the current year, the average estimate is a loss of $0.08, which is worse than the estimate ninety days ago.
Here’s how Ltx-credence has been performing on an annual basis:
|Revenue ($) in millions||135.82||137.38||219.08||249.53||132.13|
|Diluted EPS ($)||-0.03||-3.38||0.39||1.19||-0.40|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||24.08||30.84||43.46||43.19||35.02|
|Diluted EPS ($)||-0.20||-0.14||0.0277||0.01||-0.07|
Ltx-credence has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)