PLX Technology Earnings Preview: Get Ahead of the Analysts
PLX Technology (NASDAQ:PLXT) will report earnings after markets close on Monday, July 22nd. PLX Technology, Inc. provides semiconductor devices and related software. The Company’s products accelerate the flow of data in embedded systems that transmit, store, and process data including networking telecommunications, imaging, storage, and industrial equipment.
Here is your Cheat Sheet to Plx Technology Earnings:
Earnings Expectations: Analysts expect earnings of $0.06 per share on revenues of $26.63 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 $0.08 to a profit $0.06. For the current year, the average estimate is a profit of $0.28, which is worse than the estimate ninety days ago.
Here’s how Plx Technology has been performing on an annual basis:
|Revenue ($) in millions||81||83||117||116||100|
|Diluted EPS ($)||-2.00||-0.53||-0.08||-0.53||-0.73|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||26.06||26.87||23.41||26.22|
|Diluted EPS ($)||-0.41||-0.14||-0.01||0.06|
Plx Technology 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)