Perficient: Here’s What Investors Need to Know Before Earnings
Perficient (NASDAQ:PRFT) will report earnings before markets open on Thursday, May 9th. Perficient, Inc. is an information technology consulting firm. The Firm designs and delivers business-driven information technology solutions, such as business analysis, portal, content management, business integration/SOA, commerce. business intelligence and customer relation management (NYSE:CRM). Perficient serves clients from a network of domestic and global locations.
Here is your Cheat Sheet to Perficient Earnings:
Earnings Expectations: Analysts expect earnings of $0.23 per share on revenues of $83.01 million. Currently, the company’s P/E ratio stands at 20.98.
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 $0.28 to a profit $0.27. For the current year, the average estimate is a profit of $1.03, which is worse than the estimate ninety days ago.
Here’s how Perficient has been performing on an annual basis:
|Revenue ($) in millions||231.49||188.15||214.95||262.44||327.10|
|Diluted EPS ($)||0.33||0.05||0.23||0.37||0.52|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||70.43||74.70||81.80||87.47||83.13|
|Diluted EPS ($)||0.0920||0.10||0.12||0.16||0.1376|
Perficient 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)