Mellanox Technologies Earnings Preview: Can This Streak Continue?
Mellanox Technologies (NASDAQ:MLNX) will report earnings after markets close on Wednesday, April 24th. Mellanox Technologies Ltd. designs and develops semiconductor-based, high-performance interconnect products. The Company’s products facilitate data transmission between servers and storage systems through communications infrastructure equipment.
Here is your Cheat Sheet to Mellanox Technologies Earnings:
Earnings Expectations: Analysts expect earnings of $0.04 per share on revenues of $80.77 million. Currently, the company’s P/E ratio stands at 22.78.
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 $0.82 to a profit $0.43. For the current year, the average estimate is a profit of $1.84, which is worse than the estimate ninety days ago.
Here’s how Mellanox Technologies has been performing on an annual basis:
|Revenue ($) in millions||107.70||116.04||154.64||259.25||500.80|
|Diluted EPS ($)||0.68||0.39||0.38||0.26||2.54|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||72.69||88.74||133.47||156.47||122.12|
|Diluted EPS ($)||0.12||0.29||0.74||1.09||0.42|
Mellanox Technologies 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)